Approaching breakout


Pondy oxides

Attached daily and weekly charts.

On weekly it is approaching it's resistance area
If it closes above 480 on weekly basis LONG term position can be taken.!!!
Keep SL of 390 on weekly closing for long term position...
Target is better to trail but 715 is quite achievable.!!

For short term trades daily charts have shown VCP
long can be taken at close of 455 level and keep SL as 420


please do your own analysis.
These are my views and can be highly biased!!!


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