It is been observed that the price action in both stocks trending up in the channel. They both getting high demand on the support levels or the supporting line of the channel, indicating buyers pushing up price action in a channel setup.
I shall be updating the trade calls on Monday.
It is been observed that the price action is trending up on the daily chart and reaching above the 52w highs. Now, it is taking support at 86.50-87 levels and moving up again, indicating a trend continuation trade setup.
It is been observed on Daily Chart that the price action breaks and closes below support zone of 66-65 levels indicating sellers dominance over price action. Now, it shall move further down to the next support zone at around 60-61 levels.
Target 1: 63
Target 2: 62