- Stock to give a bull run
- Stop loss should be tight around 135 range because once the stocks goes below 135 range it has a high probability to go till the demand zone 110.
- If the stock touches the demand zone at 110 can re-enter there.
- Can anticipate a 12% move till 155 range
- Strong resistance at 73 getting weaker after every touch
- Forming a good bullish structure
- Can enter once it reaches the demand zone at 64
- First target 73 which is around 12.5% ROI and if it breaches the resistance then can hold till the there is weakness
1. At 6 year resistance breakout
2. Price moving in tight range which can result in a good impulsive move
3. Average volume during consolidation
4. Target around 10%