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TATA POWER breaking out from a symmetrical triangle

Long
NSE:TATAPOWER   TATA POWER CO LTD
TATA power is breaking out from a symmetrical triangle.

What is the trend prior to the formation? UPTREND.

What is the predicted trend after the symmetrical triangle? UPTREND (going by theory of a symmetric triangle)

Is the symmetrical triangle confirmed? Yes, consolidated volumes.

What is the idea? Go long on tata power. Super formations.

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NSE:TATAPOWER

Comments

Hi Sir, I really liked your explanation. does the height of triangle remains as a target in this case as well?
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