long-term trendline breakout waiting to happen,enter at cmp,risk of 1.5 bucks,reward of minimum 8 bucks! above 99 can go to 115 which is the longest term TL from ATH. on daily it's a beautiful hammer formed at support
Nifty broke the rising trendline today thus completing a penant pattern..confused if i'm being slightly pre-emptive or should wait for further confirmation and short at 9820.. calls building up at higher strikes in the options data today..waiting to see the action tomorrow..
pattern targets at 9710 followed by 9530