minchu
Long

Triangle breakout in Tata Coffee

NSE:TATACOFFEE   TATA COFFEE
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Tata Coffee has broke out from symmetrical triangle on Friday. It can be bought now with a stop loss of 150 and target of 176. This trade is slightly riskier as the highs of 2013 around 165 might act as resistance.
Trade closed: stop reached: SL hit. I have lowered the SL to 140 for my holding.
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