Long

nila infrastructure looks bullish in short to medium term.

Updated
in daily, it has given a breakout with good volume and crossed previous high.

Also BB is expanding with good volume after a long squeeze/consolidation. snapshot

with a sl -17.3, 1st tgt - 23.2
Note
if we see weekly, nice cup and handle pattern is formed with supporting volume pattern. and it is getting ready for breakout. snapshot

Its target - 26
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big move today, closed at 20.55
Note
it can come down to touch the trend line support, 15-15.5 quite possible. snapshot
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till now 24.80, 1st tgt achieved here
follow up chart for reference
snapshot
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at cmp - 25.20, price bounced from horizontal support, hidden bullish divergence formed also. looks bullish.

snapshot
Note
Initial tgt of 23.2 and cup and handle pattern tgt of 26 is already achieved here. cheers.
Note
cmp - 20, in weekly, price at ascending channel support and horizontal support zone. snapshot
breakoutbreakouttradinghighvolumeTrend Analysisuptrend

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