WEBELSOLAR gave a breakout with outstanding volume from a channel pattern after consolidating in it for a year. Stock looks very bullish but may consolidate for some time before the next move up. Could trade at 120-130 in the near future, especially if the broader market shows more strength in the coming weeks.
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Update 17/12/2021. Huge wick today. May take a hard retrace as the markets are falling.
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UPDATE: Price looks ready to fly. Huge bullish pinbar on daily timeframe today. Don't book at 130-140. Hold as long as the momentum sustains.
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UPDATE: 50% Up in 2 weeks. DON'T close position as price hitting continuous upper circuit. Exit after a red candle on daily chart.
Trade closed: target reached
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Price broke upper circuit chain today. Exit all your positions if price doesn't go back to upper circuit before 3:25pm.