TRENT-->BULLISH RECTANGLE BREAKOUT

TRENT

TECHNICAL ANALYSIS
--> TRENT had made a impulsive upmove earlier and was consolidating in a BULLISH RECTANGLE since 6 months.
--> TRENT has given a breakout from a BULLISH RECTANGLE Pattern at 1225.
--> TRENT consolidated again in a smaller BULLISH RECTANGLE and has given a breakout above 1315.

ENTRY
--> Take a postion when stock gives 1 HR closing above 1320

STOPLOSS
--> SL can be placed below the Breakout Candle which is 1285

TARGET
--> Target will be the height of bigger BULLISH RECTANGLE around 1398.