Symmetric Triangle Formation {Neutral: trade towards trend }...

261 2
VIP Industries forming Symmetric triangle....
very soon we are going to see a breakout..
RSI is heading towards downward direction in daily charts ...

And in weekly and monthly charts it is looking little overbought ...

May this scrip heads down for a correction....

I am neither bullish nor bearish ...
Just waiting for the breakout candle and trade with that trend......

If this heads toward downward direction we can see 175 -180 levels...

Note: Do your own study before making any position...

Please Like, Follow and Comment your view below... :)
Trade active: breakout it is in uptrend
Trade active
Trade closed: target reached: 215
Trade closed manually
Trade closed manually
perfect triangle formation good.
AkshatPatwa ProfitGuru
@ProfitGuru, Thanks...
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