Given Downtrend breakout with Good Volume. Get ready for the next destination.
The next Possible Movement showed in the chart. All views are posted for educational purpose only.
Pros :- GIven Downward channel breakout. Started Upsode movement with small runway Gap. Cons- Low Volume in Breakout candle.
Bullish Cypher pattern formed ..will take entry near D point and stop-loss would be below of X point
short term one can take long trade till th retesting the line.after retesting the line can take short trade.
Long term Investment call. Target would be 500+
TCS given Cup and handle Breakoout ..next target will be 1960.