Reasons to go Long: 1. The Breakout zone 420 has been tested twice and got supported. 2. A big bull pin bar was formed at the BO zone n it was also coinciding with the triangle sup line. 3. The follow through was a gud BO of the traingle and it got tested recently giving us a signal to go long.
Hence Traders can look to go long above 455 if it moves forward with good volume. Safe traders can bet it on a small scalp trgt of 462-465. Other details have been mentioned in the charts. Solely for study purpose.
Thanks.
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Trade active
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Target 1 done
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The stock has made a high of 477. Trailed SL to 455.