- Daily Chart - Poised for breakout - Looks good for a swing trade if sustains above resistance zone on closing basis - Manage risk by appropriate position size & stop loss
- Daily - Consolidation after uptrend, near breakout - Short term/ Swing trade
Near Breakout - Long candidate if sustains above breakout level - Details in chart
Considering the spike in the volume, it may break the channel for TP 73
CMP = 40 Handle too k support at 0.382 Fib Target 1 = 44 (10%) Target 2 = 48 (20%) SL = 38 (5%)