Walchandnagar Broken Channel - Walchandnagar broke the channel now let's see where it will move. whether it is a false breakout or continue it further. One can buy the stock at Current market price if sustain above the channel with stop loss of 39.60 with the target of 74/92.
This is smart money concepts IPDA Retailers are buying on Double bottom and selling on double top either a candel or trendline Tops & bottoms formation so smarts money need to clear those Reatils orders to Move in the Exact direction
After locking a new ATH stock needs some correction to refuel to further continue the journey. One can short once the trend line is broken for the support levels as the targets with the strict stop loss.
