NSE:EDELWEISS   EDELWEISS FIN SERV
On the daily chart of edelweiss , it can be seen that how crucial 70-73 zone is from past year (July'20). Yesterday Edelweiss gave a good breakout with great volumes. (OPEN CHART FOR DETAILED VIEW)

Following the breakout, there is a perfect retrace too!

LEVELS:

Entry: CMP (70-73)
Target 1: 82-83
Target 2: 90-91
Target 3: 96-97 (Following the higher high trendline as shown in the chart)

STOP LOSS: 68-69
TRAIL STOP LOSS

RSI shows momentum after retrace
MACD bullish
MA CROSS bullish

I would recommend going long on EDELWEISS for a swing trade

FOLLOW IF YOU LIKE THE ANALYSIS
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THANKS!


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