Educational 19: Triangle Pattern Formations (Watch-list)

It is been observed that some of the charts are forming a symmetrical triangle on the daily chart which can provide good returns in coming days.

On verge of Breakout:
1. Hindpetro
2. South Indian Bank

Successful Breakout:
1. Hexaware
2. SRF

Regards

Trade active:

SRF Trade Setup -

Target: 1650
Stoploss: 1600

Regards

Comment:

Hexaware performed well after the breakout. Regards