Deepak Nitrate appears to be making a breakout from a symmetrical triangle formation. Conservative traders may wait for the day close above the trendline before planning entry.
Trade attivo
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The stock had a good follow through Price Action, backed by good volume, today. One can now trail the trade and let the profits run..
Bought at 1855 can we see more run up !! In days to come !
rbasker
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@bfsxblaze, It has given a close today at 1882. It has resistance at around 1905 and if that is breached, it can go upto 1950, as per the chart pattern. As you are already in profit, trail the stock and let it rally upward.