CEAT - Breakout from triangle pattern
Good Signal for an entry:
1) A Breakout from a triangle pattern in daily time frame.
2) Clear opening in the weekly time frame outside the triangle pattern.
3) Good Support at the level of around 1274
4) Stock is trading around 28% below the yearly high, so we can expect a good move in the upcoming trading sessions
So, This one is good for Swing trading......
1) A Breakout from a triangle pattern in daily time frame.
2) Clear opening in the weekly time frame outside the triangle pattern.
3) Good Support at the level of around 1274
4) Stock is trading around 28% below the yearly high, so we can expect a good move in the upcoming trading sessions
So, This one is good for Swing trading......
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