Possible pullback and continuation set-up

The stock gave a trendline breakout and made a high of 177.9. Now it has fully retraced to the trendline and made a strong green candle.

This is a purely positional trade. Buy above 148 level for further upmove. It might test recent highs again.

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