Descending Triangle and Falling Wedge Breakout

Stock has formed the Classical Descending Triangle within a Falling Wedge. It has given breakout today with gap. ALthough it made a black candle but still this breakout is valid and gives the opportunity to enter cheap. Those interested in pattern trading could use the setup for the target of 227.50/243.

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

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