Descending Triangle Breakout
Chart -> HITECH Pipes Daily
Textbook descending triangle breakout of the stock, with volume pop-up. Small resistance of 80, above it a smooth move.
CMP: 79.70
Good Range To Buy: 76 to 80
Targets: 86, 93, 99
SL: 73 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Textbook descending triangle breakout of the stock, with volume pop-up. Small resistance of 80, above it a smooth move.
CMP: 79.70
Good Range To Buy: 76 to 80
Targets: 86, 93, 99
SL: 73 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
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