RELINFRA TRINGLE.
TRIANGLE FORMATION IS SEEN AND IT HAS TAKEN ABOUT ONE AND HALF MONTHS TO FORM. BREAKOUT HAPPENED 2 DAYS BACK AND THE STOCK HAS CONSOLIDATED THE POSITION, TODAY IT BROKE THE FIRST RESISTANCE BUT CLOSED SLIGHTLY BELOW THAT LEVEL. IF IT BREACHES THE RESISTANCE LEVEL LONG POSITION CAN BE CREATED AND WE CAN TARGET NEXT RESISTANCE LEVEL. STOPLOSS CAN BE EQUAL TO THE REWARD THOUGH IT IS NOT AT THE BOTTOM OF THE BREAKOUT WAVE. THERE IS GOOD VOLUME WHILE BREAKING OUT AND ALSO FURTHER. DURATION CAN BE 2 MONTHS