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Deepak Nitrite Limited
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Deepak Nitrate - Breaking out of a Symmetrical Triangle

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Deepak Nitrate appears to be making a breakout from a symmetrical triangle formation. Conservative traders may wait for the day close above the trendline before planning entry.
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The stock had a good follow through Price Action, backed by good volume, today. One can now trail the trade and let the profits run..
rbasker
breakoutChart PatternsdeepaknitriteSymmetrical Triangle

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breakoutChart PatternsdeepaknitriteSymmetrical Triangle
rbasker

Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.