Breakout of descending triangle pattern

2021年10月31日

Glaxo has BO'd from triangle pattern...it has been falling since some time, and IF IT CROSSES THE 200 EMA with good volumes in coming days, then i would take a position, not before that...because it could hit the 200EMA and slide down again. This is an idea, not a recommendation...remember the broader market has been falling too since a few days so be cautious.

2021年11月1日

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Glaxo opened above 200 EMA..is up 5% today

2021年11月8日

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Glaxo is moving up steadily..target 1 achieved..

2021年11月17日

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Close to target 2...13.4% move already...1515 to 1730..moved 5% today

2021年11月25日

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All targets done..today it has moved almost 10%...CMP 1772