Wait for breakout and close above trendline to enter on monthly charts.
Forming a Flag and Pole pattern on Monthly charts and Last month volume indicating reversal in downtrend of stock.
Stop Loss will be low of breakout candle once its breakout. Single Target 1400 to 1450
Long term view not for day trading.
Order cancelled
Canceling this call as promoters have pledged the shares of company in December quarter. This is red flag for me and hence this trade idea stands cancelled.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.