Broken out of 11 month old downward channel

The stock has given a breakout of it's 11 month old downward channel and today retested and given a strong closing.

Buy above 474 level (200 ema and resistance) positionally for 4-5% further upmove.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar