Symmetric triangle breakout SOLARINDS
Symmetric triangle breakout in solar industries.
Today Important Supply Zone (2940-2970) as well as Major resistance broken with good candle and volume.
For further upside rally, stock has to close above 3000 with good candle and Volume.
Stock has a potential to reach 3500 level.
Previous supply zone should act as support now. Idea SL -2800 and for risk averse can keep 2870 as SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
SOLARINDS
Today Important Supply Zone (2940-2970) as well as Major resistance broken with good candle and volume.
For further upside rally, stock has to close above 3000 with good candle and Volume.
Stock has a potential to reach 3500 level.
Previous supply zone should act as support now. Idea SL -2800 and for risk averse can keep 2870 as SL.
This is just a view not a recommendation to trade. Do your own analysis before taking any trade.
SOLARINDS
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