SHOP potential Buy setup

2024年5月7日

Reasons for bullish bias:
- Price is sitting at daily support
- Price gave breakout of B point in XABCD pattern
- Bullish candles accompanying since previous support
- TP1 till resistance
- No divergence

Here are the recommended trading levels:
Entry Level(CMP): 77.20
Stop Loss Level: 72.11
Take Profit Level 1: 82.56
Take Profit Level 2: Open

Downside: Earnings announcement tomorrow.