Weekly Chart Analysis :
Small Risk, High Gain trade. Trading inside Big Triangle pattern and good consolidation above 260 levels for past 6+ months. Keep SL as weekly candle close below yellow TD line.
Study of the daily and hourly charts of Rane Enegines brings in a sharp similarity. Both are showing consolidations with a triangle formation extending beyound 75% of the base, indicating its ripe for a breakout. The blue resistance line also is a resistance on the daily charts. (Not sure how to show both timeframes in the same post)
The stock should either...