csanjib

Triangular breakout on the cards

Long
csanjib Updated   
BSE:WATERBASE   WATERBASE LTD.
1
Waterbase has been consolidating in a symmetrical triangle and is on the verge of breakout on its Weekly Chart. RSI has already given a breakout and taking support from the downtrend line. Looks interesting.
Trade active:
RSI has given breakout on Weekly charts. Can it break past 108?
Trade active:
BO with volume support on Weekly Chart. If it sustains above 108 on weekly closing basis, 180 seems the target
Trade active:
Breakout; followed by pullback and upward movement again. Buy for a target of 180
Trade closed: target reached:
Target reached at 180

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