1. Varun beverages was forming the triangle pattern.
2. Now the triangle is broken the triangle and closed above it with a good volume.
3. May expect a upward price movement in the upcoming days
4. Just wait for the next candle to confirm the breakout. If the next candle is closing well above the pattern, we can take the position.
2. Now the triangle is broken the triangle and closed above it with a good volume.
3. May expect a upward price movement in the upcoming days
4. Just wait for the next candle to confirm the breakout. If the next candle is closing well above the pattern, we can take the position.
Comment:
Target achieved!