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...
Breakout retesting levels
Anchored vwap support
Inverse H&S
ideal SL as per IHS 555
Target 900
can be bought in tranches if price retraces towards 580/550 levels can be averaged
Hello, Fellow traders i hope all of you are doing well. Here's the chart of SBILIFE Retesting multiple supports at same time it can be a good buy opportunity from here.
let me know your views on my analysis
