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Learningfreak
Jun 7, 2021 5:23 PM

Breakout triangle Short

VETO SWITCHGEARS ANSE

Description

The chart was converging and it has just broken out of the triangle with huge volume.
It may reach targets of 189 with 45% from the current level i.e. 131.4.
Has a resistance at 131.8 and you will get sufficient time to put the buy call.
RSI: 56.53, 10d moving average is overtaking the 21d moving average.
This is my personal analysis purely on the basis of charts and indicators.

Comments
INVESTfuntech
you are saying to short it with a target of 189?
nischaymehta09
@appysuhasaria05, he has chosen short instead of long mistakenly i think
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