A good round of consolidation in the stock since the past one month, the stock showed momentum on Friday with an attempt to break out. A sustained close above 120 can see the stock doing well in the coming day keeping a SL of 115 on closing basis.
Comments
suprit01singh101
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Sir it's RSI has reached 75+ . Can it really show break out ?
PSYCHOLOGY_BREAKOUT_TRADER
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nice view,but sir can we take decision before it crosses the resistance line at 119.75??
Jeet24
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@bungankit, No, only once break out is confirmed can only one then enter, pre empting trades is never recommended