dakshjain76

Route Mobile, Swing/Positional Trade

Long
dakshjain76 Updated   
NSE:ROUTE   ROUTE MOBILE LTD
Route mobile is about to breakout from a symmetrical pattern. One can take a swing position/positional trade in the same if the symmetrical triangle gives a breakout upwards with a stop loss of 1400 and target of 1720.

Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same.
Trade active:
The upper edge of the triangle is broken, if it closes above it, a target of 1720 can be taken.
Trade closed: target reached:
I hope if any took this trade, then he or she booked profit at target. Today's high was as much as 1770.

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