KOTHARI PETROCHEMICALS BREAKOUTNSE:KOTHARIPET broke out from the triangle pattern after consolidating in it for 5 months.
The closing of the breakout candle is strong and volume burst is significant.
Buy 90% of your position if it breaks 71.4 level and sustains in 15min timeframe. Enter with 10% position after some sort of dip or retrace.
Stoploss marked on the chart. Placed below the pattern.
Follow strict risk management. Happy trading!
