This setup can be used for taking an intraday position, long or short, as the price shows its action. The setup is just my idea, please your own analysis and risk management for taking the position. Avoid taking a blind trade. Open to healthy criticism and feedback :)
Trade closed: target reached:
Tata Power gave a breakout from the upper edge of the triangle to reach the target of 107.15.
Hope you all liked the analysis :)
Hope you all liked the analysis :)