On request: Waterbase: Bullish triangle breakout
Waterbase ltd
CMP 112
Observations from chart...
- Volumes are higher when going up &
- lower when stock is coming down or in consolidation phase
- the stock has given a triangle breakout
_____________________________________________________________________________________
- long term target as per pattern set up comes around 212-220 zone
- 128 / 160 can be looked as possible short term & medium term targets
- on the lower side 104 / 93 are important levels to watch out for...
- Below 87 pattern gets invalidated
Important decision making levels identified for the stock.
Review your trading plan
& plan your trade accordingly...!!!
Take care & safe trading...!!!
CMP 112
Observations from chart...
- Volumes are higher when going up &
- lower when stock is coming down or in consolidation phase
- the stock has given a triangle breakout
_____________________________________________________________________________________
- long term target as per pattern set up comes around 212-220 zone
- 128 / 160 can be looked as possible short term & medium term targets
- on the lower side 104 / 93 are important levels to watch out for...
- Below 87 pattern gets invalidated
Important decision making levels identified for the stock.
Review your trading plan
& plan your trade accordingly...!!!
Take care & safe trading...!!!
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