Possible breakout can happen as it is near All time high of 106-107 levels. Broke 100 level comfortably today and closed just behind all time high, which shows highly bullish signal.
Entry range: 104-107
SL:99-100
Target for Monday: 109-110(UC)
Exit strategy: Shift your SL to 106-107 if it breaks in next few days and carry your position till you see rejection candle. After breaching All time high, 106-107 levels become a huge support level.
Note: Consider these analysis as my personal belief, shared purely for educational purpose.
Entry range: 104-107
SL:99-100
Target for Monday: 109-110(UC)
Exit strategy: Shift your SL to 106-107 if it breaks in next few days and carry your position till you see rejection candle. After breaching All time high, 106-107 levels become a huge support level.
Note: Consider these analysis as my personal belief, shared purely for educational purpose.
Comment:
Woah. What a breakout. UC increased from 5% to 20% and so does our target to 120s.
Comment:
Awesome run till now. RSI is still 80+. That's crazy. In my opinion, this stock will try to consolidate for few days and we may not see crazy move for few more days. I exited my position today at 155.60.
Target achieved. Return of 52.6rs booked. That's 51% in one week :)
Target achieved. Return of 52.6rs booked. That's 51% in one week :)