STEEL AUTHORITY OF INDIA

ASCENDING_PENANT_CHART FORMATION

By Manish_Mangla

Updated

there is ascending pennant chart breakout on the hourly time frame in SAIL there can be an entry in it after proper retest on breakout and target 1 may be 136 and t2 140 play with a proper stop loss on the lower trend line of pennant chart pattern

Note

Let 1h candle close out of triangle

Note

now it has given the breakout wait for retest up to 134 then there can be some entry based on conditions

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