VA Tech Wabag Limited – Breakout ?
Yesterday we saw a pretty huge quantity of VA Tech Wabag Limited change hands and today it seems set for a breakout from the symmetrical triangle it has been trading in for the last many months.
If the stock closes above 560, the target based on the pattern suggests a move in the coming months to around 850.
Big volume, is that a doji , could go either way lol
Not exactly a Doji, but even assuming one, today’s close being well above yesterday’s high clears the confusion 🙂