Descending Triangle Breakout

Chart -> HITECH Pipes Daily

Textbook descending triangle breakout of the stock, with volume pop-up. Small resistance of 80, above it a smooth move.

CMP: 79.70
Good Range To Buy: 76 to 80
Targets: 86, 93, 99
SL: 73 Daily Close

Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.