stock following in asymmetrical triangle pattern since august (6 month running)
below which a very good support of weekly trendline.
DI - good
volume - accumulation mode
rsi - above 60
market mood - pre budget rally -(positive to neutral)
stock after bouncing back from important monthly trendline line and moving out of daily time frame parallel channel.
chemical sector is becoming leading sector for this week.
entry- after some retracement
stoploss- at near range
target - partial profit at every peak