The triangle formation is clear, breakout with good momentum at either side can give a good opportunity to enter into a trade. Breakout at the upper trendline is highly likely but anyway wait for the conformation before entering.
Breakout from the triangle formation can be seen clearly and the price has also retested the breakout price which is a clear conformation for a long position, the momentum seems to be not that good but the 20 day EMA and 50 day EMA both are providing support just below the current price levels so that also add up to a strong indication. Stop loss can be placed...
The formation of triangle pattern can be seen clearly, wait for breakout and conformation( based on the breakout momentum, if possible) in any direction to take position accordingly. The stock is already trading in high price zone as compared to the historic price and the breakout at the upper trendline can lead it to test the all time high and beyond. The...
After breaking the 0.382 levels (₹10.40), it can easily touch the 0.618 levels (₹ 11.80), might face some resistance at this price but if it breaks this price also then the next targets should be ₹ 12.80 and ₹ 14.10 simultaneously based on the momentum.
