-The stock broke out of a VCP on 5th Jan. It has pulled back and moved in a narrow range for the last 3 days.
-My initial buy was at 982 with 948 as SL.
- Looking to pyramid above 1010 with an SL of 980.
-If one is a medium-term holder, then they can look to trail with 21 EMA as SL.
The stock broke out of the 4-month consolidation with huge volumes towards the end of 2022. Now, it seems to be retesting the breakout post which it is bouncing off the key EMAs.
Going long @317.5 with an SL of 310.
If one is more of a medium-term player, then one can keep a wider SL of 299.
