BARBEQUE - Triangle & Channel

By harish1577i
Updated
I have plotted a triangle pattern for Barbeque nation & expected it to cross above Triangle high, But it got consolidated & is forming a Channel pattern. I have decided to observe the stock & give a entry when it consolidates near bottom of the channel pattern near Rs. 1080 & expect a target of at least 1150 & max profit can top of channel pattern

P.S This idea is for educational purposes only
Trade active
Target did'nt reach as anticipated in time
Comment
Waiting for uptrend or stop loss hit
barbequebarbequenationChart PatternsTrend AnalysisTriangle

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