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WONDERLA Ascending Triangle Breakout

Long
WONDERLA HOLIDAYS (NSE:WONDERLA)  
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NSE:WONDERLA   WONDERLA HOLIDAYS
Trend Analysis Chart Patterns Technical Indicators
12
2
trendanalysis chartpattern indicator
WONDERLA WONDERLA

Observations :-

*Weekly Ascending Triangle Breakout done with high volume
*Symmetrical triangle pattern breakout done with high volume
*Sustained above weekly 200 SMA. Now it is major support.
*RSI trendline break

Resistance – 320 / 371 / 429
Support – 200-215 zone & Weekly 200 SMA

Warning - Q1 Quarterly result is pending.

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