The chart is creating Pennant pattern but not completed yet.
Buy if the price crosses the resistance line and closes above it with that it should create a new candle above the resistance line then buy it.
Expecting Target of 250, 275, 290.
I'm not giving you a specific entry so that u have to check the chart daily.
Finally as always apply a bit of your studies...
If tomorrow's market(i,e: 18/05/2021) opens above the support line then Buy. It previously created a rising wedge but failed to complete the pattern and now it has created a price channel it may work.
Targets are as shown in the image.
If the price crosses the Resistance line and closes there, and it should create a new candle above the resistance line then Buy.(I,e : Buy above 120)
Expecting Target of 128, 137, 145
Don't forget to apply your own studies before buying.
(Swing / Positional Trade) | RR 1:2+ | Type:- Breakout & Retest
Reasons To Trade 🤔 :- Pattern Breakout, Taking Good Support At 50 DMA, Bullish Stock.
Entry :- 1360
Stop Loss :- 1322
Target :- 1450
(Risk Must Be Managed.)
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