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BASF India - 2wk Wedge Breakout on 4yr Resistance line
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BASF INDIA
(
NSE:BASF
)
raavigeorgian
NSE:BASF
BASF INDIA
Trend Analysis
Wedge
multiyearbreakout
wedgebreakout
roundingbottom
consolidation-breakout
priceaction
0
0
trendanalysis
wedgepattern
multiyearbreakout
wedgebreakout
roundingbottom
consolidation-breakout
priceaction
Tested the breakout area twice on weekly chart as well.
SL: Below BO candle
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
Note: I reserve the right to be wrong.
For educational purposes only.
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