The stock is testing it's 4-year-old resistance and has given a bullish engulfing weekly candle. Buy above 71.45 level for further upmove. Possible targets are marked on the chart.
There is a possibility that it might retrace before breakout so just keep on radar for coming days.
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
There is a possibility that it might retrace before breakout so just keep on radar for coming days.
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
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All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.