Breakout after long consolidation !
Stock after consolidating for almost 5 months between 1450 - 1600 levels, has given breakout today.
Longs can be considered at CMP or any retrace till 1620 levels, with SL 1500 on weekly CB for the target of 1920 - 1950 levels, with more than 1:2 RR.
Kindly do your analysis before initiating trade.
Longs can be considered at CMP or any retrace till 1620 levels, with SL 1500 on weekly CB for the target of 1920 - 1950 levels, with more than 1:2 RR.
Kindly do your analysis before initiating trade.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.