Good trading opportunity in the stock exists. Ascending Triangle broken combining the Flag pattern and it seems that if has already shaken the weak traders today so upward journey may be smooth now. Buy now or or dips depending upon the risk taking capacity where stop loss of 39.20 suits to you. Target 43.50
Price is about to breakout from an ascending triangle formed on Balaji Telefilms. Good opportunity for long entry. Enter only if price breaks out and closes above the triangle.
#Target 1: 102
#Target 2: 112
Symmetrical Triangle pattern is formed on ONGC. Wait for price to break out from the triangle. If it breaks out upward, go long. In case of downward breakout, enter the short trade.
Target in case of upward breakout: 217
Target in case of downward breakout: 188