Trade ideas
COASTCORP - Long1. A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
2. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
3. The stop-loss for the symmetrical triangle pattern is often just below the breakout point.
🔹🔹Coastal Corporation the Game changer🔹🔹buy @ 170-75 range
sl below 155
trgt 220-290-335++
✔creating lower high's and higher low's.
✔In last 6 months, promoter holding in the company has increased by 3.20%🔥
✔ ongoing accumulation.delivery data of last 10 months seems very postive.u can check the delivery data by clicking the link👇
www.bseindia.com
(open the link then enter the company name and set the time period,u will get the delivery data of the company)
✔anytime bo possible.
nothing more to say guys.u can study🙏
daily frame👇👇
about the company.
Coastal Corporation is engaged in processing and export of sea food
study then invest🙏🙏