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ROLEX RINGS LTD
Long

CHANNEL BREAKOUT STRATEGY

By dhineshraj1410
  • This Stock has been travelling in a channel since it's listing.

  • It tried to breakout the resistance level once and it did, but that became fake out.

  • Now again it has again with a Good Breakout with increase in the volume
  • Now it's trading at All time High
  • Now the breakout has been retested and it's good to go and buy at ₹1620

  • Target ₹1880 in 5 to 10 trading days

  • Stoploss ₹1550

Moving AveragesParallel ChannelVolume
dhineshraj1410

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