• Stock broke a 4 month long short term trendline on 06th Jun25.
• Taken support from long term trendline.
• Big boys took position for the last 2 months without disturbing the price.
• An increase in volume is the testament of the hypothesis.
• Go long on positional/swing basis.
• Target 1: 1029.5
• Target 2: 1192
• Target 3: 1356.5
• SL for Swing traders: 878
• SL for positional trader: 839
• A RR of 1:4.75. A classical textbook breakout.
• Enjoy the show!!!
• Taken support from long term trendline.
• Big boys took position for the last 2 months without disturbing the price.
• An increase in volume is the testament of the hypothesis.
• Go long on positional/swing basis.
• Target 1: 1029.5
• Target 2: 1192
• Target 3: 1356.5
• SL for Swing traders: 878
• SL for positional trader: 839
• A RR of 1:4.75. A classical textbook breakout.
• Enjoy the show!!!
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.
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.