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CourtroomInvestments

METROBRAND

Long
METRO BRANDS LTD (NSE:METROBRAND)  
CourtroomInvestments  
NSE:METROBRAND   METRO BRANDS LTD
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The stock had been consolidating in a Triangle pattern since last few months.

Now, prices have registered a breakout.

Weekly RSI also shows a breakout along with Weekly MACD turning positive.

In the past, the breakout has resulted in a strong rally to 261.8% FR level, so target would be 1370.

Pattern remains valid as long as the stock trades above Rs.750.
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