multiyear trendline breakout trade!
Updated
federal bank : cmp 89.85
key technical highlights :
1. multiyear trendline breakout formation .
2. consistant volume accumulation for multiple months .
3. good volume pick up at price breakout level .
trade set up :
1. buy above 90.20
2. keep stop loss as 82
3. targets : 108/124+
key technical highlights :
1. multiyear trendline breakout formation .
2. consistant volume accumulation for multiple months .
3. good volume pick up at price breakout level .
trade set up :
1. buy above 90.20
2. keep stop loss as 82
3. targets : 108/124+
Note
105.60 high
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