A probable candidate for breakout. Long

TEJAS NETWORKS LTDNSE

Description

⋅ Jul 24, 2021 6:01 PM

1. Strong lower price rejection with increasing volume.
2. Consolidating in a narrow price range just before the breakout.
3. Ascending triangle pattern.
4. price taken support from 50D SMA.
5. Favorable Risk return ratio.

Technical Indicators Chart Patterns