Ascending triangle pattern
Stock near 20 dma high.
Good volume green candle.
Near horizontal resistance breakout.
Buy above 1483 for target of 8 to 10 percent.
Stoploss is below last good volume green candle.
Risky people can put sl below 20 dma low.
This is only for education purpose.
There is lot of twists herein:
By the looking left to right , while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall.
Bullish forget of 3 candles was completely perfec t but, again we have seen valid heavy volume candle ...! Something is cooking in this stock.
Let look more closer to the 4hrs...
