After a weekly breakout price came back to retesting level and formed a engulf candle , place stop loss below the engulf candle and exit with good RRR .
There's a rejection at support level ,but the nifty is falling so better to wait for the proper confirmation.
such a good weekly trend line breakout which has been forming since 2017
Best time to enter trade or else wait for the price to retest
The 1st target is @325 which has a previous resistance and 2nd target is @470
Head and shoulder pattern..
Triangle pattern breakout.