This stock broke the all time high after the 6 months and it made build up and moving forward to full bullish move and volume is huge to our conformation.
This stock broke the consolidation of 6 months and now can buy this stock with the proper StopLoss because it may come for retest or build up ,so by following risk management we can make a move towards it and we have huge volume conformation tooo.
As now from 3 days market as formed head and shoulders pattern and to breakout it and move downwords market and retest and make price action upto 17400 level and sustain the move to the 17350....! If the markets consolidates and move forward it can move 17470 to 17600 level by making swings as resistance ahead.
yesterday market has comsolidated at the range bond and at the end of the day it broke the side ways and it has the probability to gap up,so i took BTST at 3:25pm and now at 9:15 i booked my profit as expected.
This is a clean symetric pattern containg a falling uptrend line and rising lower trend line . So , we can expect either a BULLISH MOVE or a BERRISH MOVE.
