LTIMindtree Short Term Trade

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On 2 hrly timeframe a triangle pattern has been formed (yellow lines on the chart)
Also a small head and shoulder pattern is formed simultaneously, (neckline markes as pink line)
The level of 4780 is a very strong support
The breakout candle breaking through head and shoulder as well as triangle has negligible wicks
and is accompanied by higher than average ATR and decent volume
ADX and DI also indicates bullish strength

For Short Term Trade, Tgt = 5247 , SL= 4865
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Chart PatternsTechnical IndicatorsltimindtreeTrend Analysis

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