As seen that the DCW has given a Pennant pattern breakout on daily chart a few days back, after which the price has revisited to test the breakout levels and gone down a bit further, giving us the perfect low risk entry. The stock is bullish in larger time frame also.
Expected Levels: 40,45,48 Exit levels: 34.30
Trade active
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Entry levels 37. Stock closed at 35.7. SL safe till now.
Comment
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A close below 34.30, would be my exit.
Comments
Suniel
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Yes its very bullish as per charts,
Has the potential to move to 50
aks85
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Rightly said Sunielji , the way it is performing 50 should come.
Has the potential to move to 50