Safe Traders : Wait for the retest to happen and enter only when the triangle channel breakout.
Aggresive Trader : Take an entry at current price and exit near the resistance 1 , take an entry again after the retest happens.
Please comment if you have any doubts.
I will go LONG on PFC because:
The price is taking support at trend line .
It has touched the support trend line again .
So will look at buying opportunities.
If it falls below the support trend line then short it.
Entry - 88
Target - 103
Stop loss - 83
