TATA COMMUNICATIONS - Triangle Breakout strategy (June & July)
TATACOMM successfully broken the Triangle pattern and heading towards its targets as mentioned in the chart.
Its better to enter after the retracement happen in the current uptrend for a profitable entry. Please make sure that RSI should be above the trendline for double confirmation at the time of entry.
Kindly share your valuable thoughts.
Disclaimer: Please do your own analysis before taking any trade. This view is for educational purposes only.
Its better to enter after the retracement happen in the current uptrend for a profitable entry. Please make sure that RSI should be above the trendline for double confirmation at the time of entry.
Kindly share your valuable thoughts.
Disclaimer: Please do your own analysis before taking any trade. This view is for educational purposes only.
Note
wait for the retracementNote
Enter Long above 1161 for immediate target for 40 points.Trade closed: target reached
Target 1 acheived. Book partial profits and trail SLNote
keep your New SL at Target 1 levels.Trade closed: target reached
Target 2 also achieved.
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