Breakout with volumes !!
Updated
Stock after correcting by almost 14% from its high, has given breakout from sloping trendline with good volumes. Also, there is a morning star pattern on daily chart. Company has posted good Q3 results.
Now, one can consider long position with SL 650 on weekly CB for the target of 720+ with 1:2 RR.
Kindly do your analysis before initiating trade.
Now, one can consider long position with SL 650 on weekly CB for the target of 720+ with 1:2 RR.
Kindly do your analysis before initiating trade.
Trade closed: stop reached
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