Anand7

TRIGYN TECH New Cup and handle on Daily.

Long
Anand7 Updated   
NSE:TRIGYN   TRIGYN TECHNOLOGIE
So in Trigyn Technologies we saw that the chart beautifully formed an Invested Head and Shoulder and then reached the target comfortably, twice, and to reach twice it is in the process of making a beautiful cup and handle, if it forms that is. So if the cup and handle completes as anticipated, then on the close of a daily candle a long can be initiated, and targets as per the depth of cup and handle are marked on the charts, they match with the next resistance and supply zone. Hope you are able to find value and learn from this. Do your own due diligence before initiating a position. This is only for educational purposes.
Trade active:
It has broken the resistance above and formed a smaller handle than expected. But trade is active, and now testing resistance of 108.6, if it breaks above can go to the target.
Trade closed: target reached

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