Sequent Scientific Consolidating and forming Triangle pattern.
Updated
Sequent scientific after a good rally. Consolidated and formed a triangle pattern that is getting ready to breakout.
Markets are volatile and any side breakouts are possible but still, chances are sequent scientific will be bullish.
Once a given both Intraday and Positional player can take an entry
Target 1: 284 with SL placed 1 point below the trendline (Can be Achieved in Intraday)
Target 2: 304 (positional Target) if taken position before trail SL accordingly otherwise it depends where you are taking entry.
There is only one Target not much is looking for.
Target 1: 253 with SL placed 1 above triangle trendline.
Markets are volatile and any side breakouts are possible but still, chances are sequent scientific will be bullish.
Once a given both Intraday and Positional player can take an entry
Target 1: 284 with SL placed 1 point below the trendline (Can be Achieved in Intraday)
Target 2: 304 (positional Target) if taken position before trail SL accordingly otherwise it depends where you are taking entry.
There is only one Target not much is looking for.
Target 1: 253 with SL placed 1 above triangle trendline.
Trade closed: target reached
Achieved both the target on June 29th 2021.
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