NSE: INTELLECT 709
-Near 200 Moving Average
-Risk Reward Favorable
-Symmetrical Triangle Like Formation
-Next Levels To Watch 730-785-795-860
-Support Near 645-577
-Closing Basis
good positional trade
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A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a...
