Scrip has been in ascending triangle pattern validated with 2 reactions lows and highs over time duration of around 2 months
If bullish momentum is maintained and the pattern doesnt get falsified as earlier seen for falling wedge, Breakout with higher volume surge can be seen to reach the target price and one can aim first for short term towards 52-week high...
Scrip can see selling pressure after reaching around 52-week highs due to Doji star which depicts uncertainty and then, hanging man coming at the top of uptrend. Can even see formation of evening star pattern!
Enter below 210-212 (Post confirmation)
Can go till TP - 192, 173, 153, 132 if selling pressure persists
Handing man candlestick
The Hanging Man is a...