IMFA | 25% upside potential | Good R:R setup
CMP- 785
SL- 740 close basis
Target - 980-1000 levels
17/8/21
- Breakout and retracement above previous ATH levels-
- Support zone 740-800 levels
- Above all major EMA
- Volume surge on breakout with weaker pullback
- Delivery VOL in pas days have been exceptional
- Long wick candles at support level indicating buyers standing there
-
- Fundamentals positive
SL- 740 close basis
Target - 980-1000 levels
17/8/21
- Breakout and retracement above previous ATH levels-
- Support zone 740-800 levels
- Above all major EMA
- Volume surge on breakout with weaker pullback
- Delivery VOL in pas days have been exceptional
- Long wick candles at support level indicating buyers standing there
-
- Fundamentals positive
Trade closed: stop reached
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