tanmaysk22

STLTECH near breakout

Long
NSE:STLTECH   STERLITE TECHNOLOGIES LTD
NSE:STLTECH

Everything is clearly illustrated in the chart
STLTECH is about to give a huge breakout:
We can see multiple patterns forming in the longer time frame (Weekly chart) that include:

The volume is also contracting, it seems to be on a verge to give a volume burst
The stock is expected to go higher once it crosses the resistance in the zone of 310-320
So, enter once it crosses the level mentioned
SL = 265
T1 = 400
T2 = 500
T3 = 600+

To motivate me, Please like the idea If you agree with the analysis.
Happy Investing 👍

Warning: This is just an educational idea, consider your financial advisor and make a wise decision accordingly, you are solely responsible for your P/L