Symmetric Triangle in Sesa Goa

Symmetric Triangle in Sesa Goa, break out or break down will give Rs.13, Watch out price is nearing to the apex. Will not trade if break out or break down won't occur with in first half hour of trading. Below is the chart of sesa goa:

• Trade trigger: Enter the trade after the break out/break down, confirmed with good volumes +/-filter (Rs. 1)
  
• Stop Loss: Pivot high + Filter in case of break down. Pivot Low - filter in case of break out.
  
• Target: Rs.13 from the break out or break down price.
  

Wolfe Wave in SesaGoa - Hourly Chart

Bearish Wolfe wave is formed on hourly charts of SesaGoa.

Analysis of important aspects of Wolfe Wave:

Symmetry:  Got 23 bars for 1-3 and 26 bars for 3-5 wave, about 13% deviation from symmetry. 

Volumes: Good volumes at 5. 

Target: Yellow dotted line is the target for this scrip