Gabriel India - Ascending Triangle Pattern BO with Volume

Gabriel India : Ascending Triangle Pattern Breakout on weekly chart.
Breakout above neckline at 128 and Price moving above 200 SMA.
Huge Volume in past few weeks show Accumulation.
Weekly RSI showing positive divergence.

Looks good for 50% upside in mid to long term.

CMP : 128
Target 1: 151 in Short Term
Target 2: 202 in Short Term

SL : 112

Almost 1:5 risk reward setup

Chart Only for Education Purpose
Candlestick AnalysisMoving AveragesTriangle

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