BUY above high of the brakeout candle at 424.6 with sl of 410.95 minimum 1:2 take profit
This chart analysis is just for educational purpose and no buy or sell recommended. Chart is self explanatory.
Key Highlights: 1. Bullish market structure - HH, HL 2. Massive volume expansion 3. Moving in a Pennant. Completing the Bull flag. 4. Currently at a major resistance zone 5. Close above 720 will trigger a good rally 6. Target: 791, 870. Stop Loss: 640 I have made an illustration on the left-hand side, to explain the bull flag/flag & pole pattern. You are...
technically stock weak if trades below 300/310 mark in coming month (long term trend) now at 382 as its shown a steller run from 230 to 400 thus a retracement upto 300 cant be ignored but overll current trend support a buy on dip(long term)