finally weekly bo on this one with great volumes! should take it towards targets on chart! 220/300 fundamental consumption story too.. consumer durables sector!
BO12 formed CCI Momentum on W charts Target 268 #BoxBO Detected by kkonline.org
Breakout with huge volume on weekly timeframe, also cleared 50 weekly EMA. BUT it's a RISING WEDGE in downtrend, need to be cautious. Breakout on either side will give the clear setup.
LONG BUTTERFLY GANDHIMATI ABOVE 289; TGT=346.80; SL=231.20 (PAPER TRADING ONLY)
Good long setup can be seen from the chart. Support is 175 on Closing basis. May test 193-205.