Another triangle breakout pattern in ICRA Ltd on daily chart.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
Two Week with good volumes so Buy at CMP Target -4520-4900 Weak below 2400
Breakout with volume. Good volume shown. Retest complete.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
1.Sustaining above 200DEMA. 2.Cup and Handle formation. 3.Near breakout.