Panchalk

Triangle BO and moving up

Long
Panchalk Updated   
NSE:GEPIL   GE POWER INDIA LTD
GEPIL broke out of the triangle pattern many days ago...if it manages to remain ABOVE 200 EMA ( blue arrow) it is still a good buy..S&R levels marked by horizontal blue lines...they are also the targets...the risk in this trade is high because it broke out many days ago, so please consider it before trading...but as i mentioned if it remains above 200 EMA it is still a buy. This is an IDEA, not ADVICE to trade.
Comment:
It is already 7.5% up with decent volumes today.
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