This is a channel breakout strategy for APLAPOLLO TUBES. RSI has been giving bullish signals, which means a breakout and retest of 1624 will activate a buying entry for the targets mentioned above. The ultimate target as per the pattern is 2024 in the longer term.
Targets in between are the recent lower highs like 1728, 1800+
Stop is when the price after breakout enters the channel again.
Targets in between are the recent lower highs like 1728, 1800+
Stop is when the price after breakout enters the channel again.
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