Daily time frame support breakout in trigyn with heavy volume Stock is bullish as per ema 50 RSI below 80 Entry above 101 SL - 88(Below on closing basis) Target - 110,125,140++
Trigyn Technologies can be looked here @ 100 & below for target of 20-40% upside.
cup and handle breakout target mentioned white line
So in Trigyn Technologies we saw that the chart beautifully formed an Invested Head and Shoulder and then reached the target comfortably, twice, and to reach twice it is in the process of making a beautiful cup and handle, if it forms that is. So if the cup and handle completes as anticipated, then on the close of a daily candle a long can be initiated, and...
* Breakout with high volume in daily chart .
CMP : 132.95 SL: 123 TP :147 Price on closing basis at 3.25 PM
The stock seems to have given a break out however it is pending on close. If it manages to close above the break out region, then further strength can be expected in the stock going ahead!
Disclaimer.. interested but not invested yet Not an investing/trading recommendation
TRIGYN CMP 176 Target 270 plus Stop 115 Another perfect technical combination observed in this stock. Breakout Volume RS MACD Any queries in this strategy or any of my other strategies pls do not hesitate to comment.