Recently the stock has given a breakout from the ascending triangle
. But the breakout did not have a strong volume
break or follow through. Hence it moved into the triangle and got support again at the lower ascending trend line
. Considering this as a deep pullback test, i will go long above 1120 or at minor support zone
of 1100 with a small quantity. Will add further more when it breaks successfully 1155 which is the all time high.
Entry - Around 1090 - 1100 if it gets support from here or above 1120.
SL - 1080
T1 - 1135
T2 - 1145
T3 - 1155
T4 - 1200
For study purpose