Poly Medicure Limited
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TRIANGLE BREAKOUT IN POLYMED!!

505
DISCLAIMER: This idea is NOT a trade recommendation, but only my observation. Please take trades based on your own analysis

Following points to be noted:

1. Price broken out of a descending triangle.
2. Price has also taken support from a higher TF demand zone.
3. Triangle breakouts from such oversold zones have a higher probability of success.
4. Targets are the pattern height of the consolidation structure itself.

The following trade can be initiated:
Entry - CMP, Tgt- 2400, SL - 1790, RR - 1:2.2
交易進行
Repeated selling rejections from the mentioned Demand zone, but unable to cross swing highs.

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