TATA COMMUNICATIONS - Triangle Breakout strategy (June & July)

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.

Yorum:

wait for the retracement

Yorum:

Enter Long above 1161 for immediate target for 40 points.

İşlem kapandı: hedefe ulaştı:

Target 1 acheived. Book partial profits and trail SL

Yorum:

keep your New SL at Target 1 levels.

İşlem kapandı: hedefe ulaştı:

Target 2 also achieved.