Protean eGov. Tech Ltd shows reversal from parallel channel support . Volume buildup and volume spurt seen . Fibonacci 38.2% retracement level is 1252 . So above 1252 breakout this stock can go up to 1558 ( Fibonacci 78.6% retracement ) which is 24% upside . This stock can go up to Fibonacci 100% retracement level 1720 to parallel channel resistance level 1839...
Breakout from ASCENDING TRIANGLE & A CHANNEL . Shake out candle followed by volume buildup seen .Closes above shake out candle open . Can give pattern based return of 29~30% . NOT A RECOMENDATION , ONLY FOR EDUCATION PURPOSE.