SAMHI HOTELS - TRIANGLE PATTERN - DAILY CHART
SAMHI HOTELS is making a Triangle Pattern at daily chart. It has touched the resistance trendline 5-6 times, spent 4 months in this Triangle. Now there is a probability of breakout. A strong green candle is needed. If it gives a breakout above 200 and sustain then there is probability of 14-16% gain.
SL: Low of the Green Breakout Candle.
168 is a Strong Support, even the 4th June fall didn't break it.
For learning and educational purposes only.
SL: Low of the Green Breakout Candle.
168 is a Strong Support, even the 4th June fall didn't break it.
For learning and educational purposes only.
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