Volatility compression visible Rounding bottom formation volumes spiking up RSI is trending up Relative Strength upward sloping Bank nifty breaking out looks like lot of positive confluence
Either buy on Breakout or when it retraces
Volumes are getting dry when price is retracing Traded Qty 2.7x Delivered Qty 2x Futures OI addition +5.8% Brent Crude beneficiary SL 100 Target 145
Buy at Breakout for positional Target 1: 390s Target 2: 440s Target 3: 510s SL 260s levels
Party just got started Sugar sector Monthly W breakout if closing above 203 can be bought at dips or lower levels SL 130 levels Target 350/400 levels Please note this is a Monthly Chart needs to have patience for such good trade
Nice structure again can be bought at CMP Target 1: 96 Target 2: 105 SL 78 levels
Bullish Bias Adhering the Trendline Can be bought at CMP levels Stop Loss near 548/549 Target of 597/598 If broken then 650 easily