Symmetric Triangle on Voltas

By raj3elite
Updated
Symmetric Triangle pattern formation on Voltas and it may break either side. MACD showing good strength for long side but need to wait for pattern breakout.

Trade Long:
Buy above - 483
Target 1 - 498
Target 2 - 513
Stop loss - 468

Trade Short:
Short below - 450.50
Target 1 - 433.50
Target 2 - 420.50
Stop loss - 468
Trade active
Trade active for Long - buy above 483
Trade active
4 points left to hit the target 1 - 498
Trade active
Target 1 - 498 achieved.
Trade active
Made high of 507 and 6 points left to hit the final target... Keep Trailing Stop loss at 498
Trade closed: target reached
NIFTYSymmetrical TriangleTrianglevoltas

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