Triangle breakout

Chart -> Renuka Sugar Daily

The stock has recently broken Descending Triangle resistance line. Resistance is around 50.50, above that, it can move swiftly.

CMP: 49
Buy till: 47
SL: 45 on a daily close
Targets: 55, 63

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.