NeeteshJain

Educational 19: Triangle Pattern Formations (Watch-list)

Long
BSE:SOUTHBANK   SOUTH INDIAN BANK LTD
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
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.