200% prior move and then its testing 50 DMA for first time.
So its tradable as pullback as well as high tight flag.
7 weeks cup and handle.
Though proper entry will be above 129, but if it closes above 124-25 with significant volume, aggressive buy can be initiated.
Target will be 140 and 158 i e horizontal S/R.
So its tradable as pullback as well as high tight flag.
7 weeks cup and handle.
Though proper entry will be above 129, but if it closes above 124-25 with significant volume, aggressive buy can be initiated.
Target will be 140 and 158 i e horizontal S/R.