Long
BULLISH BREAKOUT SHRIRAM TRANSPORT
Today Shriram transport did a good up move by breaking a falling trendline resistance and breaks a strong horizontal resistance too which happened with a strong volume addition in it, tomorrow's market is not looking good due to fall in global indices but yes after all we can say that it is a good breakout in this stock so we can see and upward rally very soon in it.
Cause of long-:
1- Falling trendline resistance breakout.
2- Horizontal resistance breakout.
3- Volume breakout.
Cause of long-:
1- Falling trendline resistance breakout.
2- Horizontal resistance breakout.
3- Volume breakout.
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