ADANITRANS--> ASCENDING TRIANGLE BREAKOUT
ADANIENSOL
TECHNICAL ANALYSIS
--> ADANITRANS is on the verge of breaking out of the ASCENDING TRIANGLE.
--> ADANITRANS has given two consecutive closing above the POC (Point of Control-Volume Profile).
--> Stock has tested the top of the Ascending Triangle multiple times so next time there is a high probablity of breakout.
ENTRY
--> Take a postion when stock gives 1 HR closing above 2480.
STOPLOSS
--> SL can be placed below the POC at 2395.
TARGET
--> Target can be placed on the trendline on the top around 2650.