Falling wedge pattern breakout

٢٧ مايو ٢٠٢٢

The stock has given a falling wedge pattern breakout and given a strong closing above the upper trendline and all EMA.

Buy above 38.5 level (on day closing basis) for positional target of 40.85.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar