BSE: Range Breakout or breakdown??
Updated
The stock has been trading in a price range between 1805-2380 since 15th Dec'21 till date (CMP - 2085). Since the structure of the broader market remains weak and does not appear to improve at least in near future (as there is no sign of Russia sparing Ukraine), it seems that the stock will remain within the above-mentioned range for the next few weeks. Below are the targets in the event the stock gives break down or break out of the range
Break Out (Above the level of 2380) -
T1 - 2450
T2 - 2500
SL - 2050
Break Down (below the level of 1805)
T1 - 1640
T2 - 1410
SL - 2020
Do consider following the account if you find the content delivering value to you :)
Break Out (Above the level of 2380) -
T1 - 2450
T2 - 2500
SL - 2050
Break Down (below the level of 1805)
T1 - 1640
T2 - 1410
SL - 2020
Do consider following the account if you find the content delivering value to you :)
Trade closed: target reached
Both the targets after breakout were achieved today (10.03.2022).Kindly consider following the account of it delivered value to you :)
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