The stock has broken a key long-term resistance at 149 levels supported by good volumes and has pulled back to retest the previous resistance which now acts of price support. The stock is now poised for an up move to 175 levels.
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The Call is based on Inverse head and shoulder, Trendline Breakout and Supply Zone breakout and retest. It is also Trading in parallel channel.
Best Setup
Entry between 445-460
Target 480/510
Stop Loss 437
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not...
