VigneshIyer

Multi year breakout in Usha martin

Long
VigneshIyer Updated   
NSE:USHAMART   USHA MARTIN
Most of the stuff explained in the charts itself. Volume in the stocks has risen and is at multi year highs if you compare to last few years. Quick movement makes it high risk .

Disclaimer : This is only for educational purpose through technical analysis. One must do his/her own due diligence before taking any position in this stock
Trade active:
Stock might retest breakout level of 87.30 before moving up further
Trade active:
As expected stock retested 88 levels and bounced back. The trade ideally should be held

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