Here's an amazing multi year breakout that came across my screen today!
Let's dive into the details-
CMP is roughly around 1300.
There are 2 ways we can look at this trade-
1) Short Term:
Target- 1350
Stoploss- 1255
2) Medium to Long Term:
Target range: 1450-1500
Stoploss- 1203
However, please make sure to strictly follow the Target range and the stoploss amidst this overbought market.
Let me know what you think.
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