natarajanshankar

TATA COMMUNICATIONS - Triangle Breakout strategy (June & July)

Long
natarajanshankar Aggiornato   
NSE:TATACOMM   TATA COMMUNICATION
TATACOMM successfully broken the Triangle pattern and heading towards its targets as mentioned in the chart.
Its better to enter after the retracement happen in the current uptrend for a profitable entry. Please make sure that RSI should be above the trendline for double confirmation at the time of entry.

Kindly share your valuable thoughts.

Disclaimer: Please do your own analysis before taking any trade. This view is for educational purposes only.
Commento:
wait for the retracement
Commento:
Enter Long above 1161 for immediate target for 40 points.
Trade chiuso: obiettivo raggiunto:
Target 1 acheived. Book partial profits and trail SL
Commento:
keep your New SL at Target 1 levels.
Trade chiuso: obiettivo raggiunto:
Target 2 also achieved.
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