The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
Breakout with volume support, price levels given on chart
For Intraday Trade above 435 | SL-433.4 (see 15 min candle) Tgt1-438 Tgt2-441 Tgt3-452 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- For Swing Trade Long above 435 | SL-415 (For 1-2...
The stock has broken out with good volumes and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & short term lower trendline. The target is placed based on fundamentals.