RicoAuto has given a breakout after taking the support at 200 EMA.
As it has given the breakout a nice bullish momentum is expected.
The trade has a nice Risk:Reward :: 1:3.
Reasons:
High spike of voulme shows huge buy interest.
Price > EMA(13,50,200) (Bullish)
Nice Range Breakout next level of resistance is 109.
RSI is crossing 60 to upside means...
