Weekly time frame channel breakout,looking good for quick sprut
Breakout Happened Today 11 Jan Multiple Tops CMP 337 Target 1 350 Target 2 390 Target 3 422
Broken out and consolidating now Broken out and consolidating now Broken out and consolidating now
1- Stock has been forming channel pattern and broken with good candle. 2- Almost seven touches at the top and three touches at bottom 3 - successfully retested with respect to my trendline 4- one can enter with stop loss of broken candle low 5- And the target always depends on price action , actually I don't set target, I do take exits depends on...
Weekly Breakout go long very good fundamental share
Can give a good swing because of the trendline breakout and good volumes. CMP 312 Target could be 345.
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Enter @ CMP Put SL below red line, Strength is volume and RSI do study fundamental chart showing strength for long.Target is (as per Emotions) Happy trading.