Hi everyone, welcome to the setup
1. We can see a good volume breakout from the channel pattern.
2. Clean retest with low red volume candles.
3. A 16% upside move is expected from here which is the height of the channel as well.
I have taken a cash buy-in this and the expected time to reach the target is 1-2 months.
Feel free to like the post and ask any doubts...
Short Swing Trading Idea NSE:HATSUN
Weekly Bearish Price Action
Daily Bearish Price Action
Shown in the Main Idea
75mins Bearish Price Action
Multiple Time Frame = Bearish Indication
Entry = 490.50
Stop Loss = 512.00
Target = 467