Triangle pattern observed for Adani Ports on 26th March 2018.
Breakout observed at 400 with Volume.
This is after forming a triangle pattern from 424.
target set as 367 (33 from 400 as 33 is the base of the triangle).
duration observed is more than 45 days.
stoploss set as 400 for safety ( it can also be 405 which is the triangle apex).
position – Short at 400 and buy it at 367