Panchalk

Breakout from Triangle pattern

Long
Panchalk Updated   
NSE:CANFINHOME   CANFIN HOMES
Can Fin homes BO'd, retested and now again moving up...if the broader markets are steady it can reach targets mentioned. This is an idea
Comment:
Up 4.9% today..CMP 558 right now
Comment:
a 28% move for Canfin...although it may have slid down to 489, before moving up...if you had put SL at 200 EMA then you would have hit your SL....and if you notice that 486-88 is a support then you could have waited and seen if it slides below it...now if you trace the triangle and see where it touches you will notice that the stock is trading along that upper angle of the triangle or only slightly below it
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