Elgi Equipment Ltd. Looks Good.

A Symmetrical Continuation Triangle (Bullish) Pattern found on daily chart
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.

Short term target is marked.

Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.

Trade chiuso: obiettivo raggiunto:

Target reached and closed, however stock has tendency to go higher, need to analyze.