BEL (1144.60)
BREAKOUT ON THE CARDS...
(click on the charts for better view)
This stock formed the Ascending Traingle which begin in mid-june and on the verge of completing the Triangle formation when it break the level of 1165-1170. Breakout from the triangle the target comes at 1222-1330 and 1460. Some of the leading indicators are showing strength of breakout. I tell go long above the price of 1165-1170 with the stop loss of 1064. CCI is showing very strengh. Dont care what market happens, just log in to BEL. Expect the breakout.
BREAKOUT ON THE CARDS...
(click on the charts for better view)
This stock formed the Ascending Traingle which begin in mid-june and on the verge of completing the Triangle formation when it break the level of 1165-1170. Breakout from the triangle the target comes at 1222-1330 and 1460. Some of the leading indicators are showing strength of breakout. I tell go long above the price of 1165-1170 with the stop loss of 1064. CCI is showing very strengh. Dont care what market happens, just log in to BEL. Expect the breakout.
posted by Naveen Pantera at 2:16 PM
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