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Stride Shasun, triangle breakdown pattern.
6 waves contraction formation date from 06/02/82018 to 05/04/2018, two months.
break down happened at Rs. 672, with volume spurt on the day of the break down.
Height of the triangle 750-642 = Rs. 108
Stop loss opposite triangle breakdown 717
Target 672-108 =564
risk 717- 672 =Rs 45
reward 108
risk reward ratio 1:2.4
target to be achieved in 2 months
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
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