Steel Authority of India Limited - Pennant pattern breakout + Hidden Bullish Divergence
Stoploss below the upper trendline
Target 1 @ 152, which is a key level
Target 2 @ 170, which is a key level
Target 3 @ 190, which is the price projection
Target 4 @ 205 which is a key level
Note: It has made a breakout last day and the price came back to the trendline resulting in a retrace, Trade based on tomorrow's price action.
Stoploss below the upper trendline
Target 1 @ 152, which is a key level
Target 2 @ 170, which is a key level
Target 3 @ 190, which is the price projection
Target 4 @ 205 which is a key level
Note: It has made a breakout last day and the price came back to the trendline resulting in a retrace, Trade based on tomorrow's price action.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.