Panchalk

BO from triangle and above 200 EMA

Long
NSE:CASTROLIND   CASTROL INDIA
Castrol has broken out of a triangle pattern in weekly TF and currently above the 200 EMA ..a very important moving average. If it open above the CMP or with a gap up it will be a good stock to trade..
CMP 153.3
Target 1 - 159
Target 2 - 168.8
Target 3...lets achieve first 2 targets...all target marked with blue horizontal lines.