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.
Comment: wait for the retracement
Comment: Enter Long above 1161 for immediate target for 40 points.
Trade closed: target reached: Target 1 acheived. Book partial profits and trail SL
Comment: keep your New SL at Target 1 levels.
Trade closed: target reached: Target 2 also achieved.


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