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...
Follow the chart guys
Either short now or wait for retracement
lot size = 500
CMP = 1912
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swing trading opportunity
Two Trendline break at the same time with big volume
CMP = 488
Target = 456
stoploss= 524
lot size = 1200
Guys check out the related ideas as well
FOLLOW for more !
LIKE if think is useful !
COMMENT Below your view !
