The stock is currently moving in a parallel channel forming a bit of rising wedge on a weekly chart.
The current price trend has been nicely supported by volume trend as well,
The stock has breached the multiple time resistance of 148.30 with higher than average volume indicating a positive signal. And now is moving towards its short term targets of TG1 - 159.35...
swing trading opportunity
Two Trendline break at the same time with big volume
CMP = 488
Target = 456
lot size = 1200
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