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Tagged: WIPRO BULLISH TRIANGLE PATTERN
Triangle pattern formed with in 15 days volume is high at break out.
Trade Plan:
Symbol :WIPRO
Direction : LONG
Entry : 566
SL : 585
Target : 552
Here the Triangle structure is good, but volume is not clear while giving breakout…. The Trade Plan is perfect
PLEASE NOTE THAT STOP LOSS CANNOT BE HIGHER THAN TARGET IN A BULLISH MARKET
BY MISTAKE YOU HAVE MARKED TARGET AS 552 WHEREAS TARGET SHOULD BE 580+ AND STOP LOSS SHOULD BE 550
LET ME KNOW IF I AM WRONG
ALSO THE VOLUME IS NOT VERY HIGH
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