A nice 25-30 point range broken gives an upside to
180 in short to medium term.
Technically some may call it a triangle or a channel or a cup and handle but in classical technicals we look at its in simpler terms a breakout which has upside of 25-30 points whichever pattern you try to name it.
Disclosure: Have recommended at 156 and booking partial profits.
A dip to 155-158 would be a point of re-entry for us.
TECHNICAL ANALYSIS TRAINING SESSION
BANGALORE – January 12-13.
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