On request: Waterbase: Bullish triangle breakout

Waterbase ltd
CMP 112

Observations from chart...

- Volumes are higher when going up &

- lower when stock is coming down or in consolidation phase

- the stock has given a triangle breakout


- long term target as per pattern set up comes around 212-220 zone

- 128 / 160 can be looked as possible short term & medium term targets

- on the lower side 104 / 93 are important levels to watch out for...

- Below 87 pattern gets invalidated

Important decision making levels identified for the stock.

Review your trading plan
& plan your trade accordingly...!!!

Take care & safe trading...!!!
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