Kunal_TA

Wonderla ascending triangle and all time high breakout

Long
Kunal_TA Updated   
NSE:WONDERLA   WONDERLA HOLIDAYS
Wonderla Holidays a powerful script under hospitality sector in India , gave a classic ascending triangle breakout few weeks back and made a new all time high on daily closing basis. The script has been cooling off near the highs and looks ready for levels of 550+ on charts. The target level I have calculated based on the height of the ascending triangle pattern. Its a good setup with stoploss of 330 on daily closing basis and target of 550 + one can trail the SL once target is hit. This can be a long term play till the time the momentum exists in the script
Trade closed: target reached:
Hi,

The target has reached for this setup , one can take exit from this and look at my new ideas shared :)

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