stock was in long consolidation of 18 weeks.
then first it broke the upper trendline with volume.
then it also broke out of range with volume.
Today it gave BO retest with continuation pocket pivot from 10 DMA.
Price has given a strong breakout from the 230 levels which was tested multiple times with volumes. Wait for a Pullback, around 230 Levels to go long for the targets of 248 with a Stoploss of 220.
Good 1:2 RR!
RPower
CMP 48.50
Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important
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