The chart is self explanatory and key point highlighted below:
✔ Channel breakout and price retrenched to fib 50%
✔ Descending triangle consolidation and further breakout
✔ Defended psychological level of Rs 100
✔ Volume breakout after price correction
✔ Above key moving average of 20, 50, 200 ..
✔ Stop loss & target mentioned in chart
Thanks
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
✔ Channel breakout and price retrenched to fib 50%
✔ Descending triangle consolidation and further breakout
✔ Defended psychological level of Rs 100
✔ Volume breakout after price correction
✔ Above key moving average of 20, 50, 200 ..
✔ Stop loss & target mentioned in chart
Thanks
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Comment:
price moved 6.50% with strong volume.
Trade closed: target reached:
TARGET OF RS 136 ACHIEVED !!
Comment:
highest volume in history of stock.
