HDIL - GOOD TRADE

A beautiful triangle on the verge of a breakout.Not much explanation required.One can go long at cmp 87 for first target on the upper end of the traingle. Stop loss 85
If breakout on the upside(which is most likely) then targets are - 95 and then 100.
If breakout on the downside then targets are - 82 and then 75.

Yorum:

Finally given a breakout hold now,we will see some good movement.
Updated charts posted below.