ChartSarathi

AJMERA: Higher volumes in support for Breakout

Long
NSE:AJMERA   AJMERA REALTY & IN
AJMERA: Ajmera Realty & Infra India Ltd

PC-A = PC-B
Exactly Same
#WondersOfPC

Technicals:
• Script is respecting the Parallel Channel levels at every levels
• Last candle's close above 330 is conforming the BO for Midline of PC-B and now moving towards upside of the channel
• Taller green towers in volume indicating support for stronger breakout
• RSI entered in 60 Zone
• Relative strength is in Green

Levels for positional trade:
Entry levels: Opening above 335, will trigger entry at CMP
In my view, May face some resistance at upper line of the PC-B, near 370, good position to add further if volume in support
Target: 1st, 415, then 465
SL: 283, Closure below 283 will invalidate this upside view in short run

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