Trade to be taken only on a bullish day / No shorting opportunity
15 min Timeframe
1.Breakout from consolidation mode / support on 20MA
2. Bullish divergence
3. Could also be a swing trade if closing above 1575
1.Bullish Marubuzo along with a range breakout.
2.Last time after a bullish marubuzo stock moved up by 16% in 40 days, can we expect the same?
3.Target of 4100 with SL at 3410 over a span of 41 days.
1.Support turned Resistance Trend line broken without wick rejection on Daily time frame
2.Resistance at 615 Broken.
3.Buy at current levels for target of 680 with a SL at 600 , Risk to reward ration almost 1:2