IBREALEST | Weekly | Triangle breakout | 50%+ potential
CMP- 143
SL- 119 (closing)
Target- 200, 250
15/7/21
-Ascending triangle breakout
- Resistance zone and trendline is broken with huge volume surge (good delivery volume)
- Above all EMA on D, weekly EMA crossing over
- Parameters positive
- Delivery VOL needs to pick up more on retracement to the support zone now
View negated if closes below 119 W basis.
SL- 119 (closing)
Target- 200, 250
15/7/21
-Ascending triangle breakout
- Resistance zone and trendline is broken with huge volume surge (good delivery volume)
- Above all EMA on D, weekly EMA crossing over
- Parameters positive
- Delivery VOL needs to pick up more on retracement to the support zone now
View negated if closes below 119 W basis.