- Long only if it breaks trendline and moves above inside bar high
- Entered demand zone and is currently indecisive, so Mon/Tue - if there is enough volume then it can break the trendline
- Respect Stop loss - new demand will be created if it breaks the stop loss
Ascending triangle is a bullish pattern.When the upside breakout occurs, there should be an expansion of volume to confirm the breakout. While volume confirmation is preferred, it is not always necessary.
Target - 1925
Stock has been consolidating from past days. Wait for the breakout to happen.
There is high chances of re opening of multiplexes, it will breakout towards up.
Target will take months to reach. Have patience.
Safe Entry - 2220 - Less chances of getting triggered
Risky Entry - 2261 - More chance of getting triggered
Tips : If NIFTY50 indices appears green in Morning Session, activate risky trade else wait for the safe entry
Take LONG position if it breaks out the channel and daily supply zone
Target - Monthly Supply (Around 60)
Take SHORT position if it breaks out of the channel downwards , On reaching Weekly demand - Take Long position