This is bullish parallel channel formation breakout on the upper edge. Though weekly/monthly closing above the supply area 1530-1460 is very important here. However the recent move above 1350-1270 gave good strength to the bulls.
Consider it with time frame of 1.5 yr-2 yrs and stop loss 1280
2000 looks promising in next 6 months
Consider it with time frame of 1.5 yr-2 yrs and stop loss 1280
2000 looks promising in next 6 months
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Olectra 1684
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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.