Buy Entry 200 - 205
Stop loss 168
Minimum Price Target 248
Risk to Reward 1 : 1.50
24% Up Side potential.
The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)
in monthly, round bottom pattern forming here, neckline comes around 600-610 level, after successful breakout 1000 is the pattern tgt.
so 1st tgt - 600, 2nd tgt - 1000, long term tgt - 1800.
so whole sector can be a 4/5 baggar in the next 8-10 years.
In weekly, double bottom formed then breakout happened above neckline, also round bottom formation is in progress,
also candles are pushing the upper BB upward and BB is expanding https://in.tradingview.com/x/klyDtj5n/
with a sl - 93, 1st tgt - 132, 2nd tgt - 168, long term tgt - 229
