Cumminsind | Trendline & Ascending Triangle BO at same time 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy Above =593.85 or CMP
--Target = 745.45 | 871.45
--Stop-loss = 530.10
--Lot Size =1200
--R:R = 4.35
--Expected Profit = 3,32,000 ₹ per lot (46 % )
--Expected Holding = 1-3 Months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Longterm trendline break with good volume
2) Ascending triangle break with trendline
3) Retracement is probaly done
4) Targets is based on the resistance areas
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