AMARARAJA TRIANGLE Pattern. Breakdown or Breakout to result in a BIG move.

• Amaron forming a "Triangle" pattern. Break-down or Break-out of the triangle results in a BIG MOVE. Wait for it. Levels are displayed on the chart.
• MACD and MACD Histogram are displaying Positive Divergence.
• Till now 38.2% retrace@ 238 has held on nicely. Close below 238 ==> next target 211.
• Weekly MACD yet to give a BUY signal. Weekly closing above the triangle (in the DAILY chart) may result in a BUY signal.