ALEMBIC Ltd breakout

KaustavHazra Updated   
In this level 95.90 is a resistance. 3 times price goes but failed on the next day. Now scenario is different. In 1 day time frame 1 red candle close at 95.95. and next day a big candle was generate. You can wait for 1-2 days.

If price near and between red spot don't take any position. If price close above red rectangle area then take a position and enjoy the move.
Trade active:
entry here
Make sure your Stop Loss will be at 95. without stop loss don't take any trade.

Ask me anything I am happy to help you.

To motivate us, Please like the idea If you agree with the analysis.

Thanks & regards,
Kaustav Hazra

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