Key Levels:
Entry Level:
₹178.72 (Breakout level above the resistance).
Stop Loss (SL):
₹147.80 (Below the consolidation zone's support, ensuring risk management).
Target 1:
₹215
Target 2:
243
Strategy:
Entry Confirmation: Wait for a daily close above ₹178.72 with strong volume to confirm the breakout.
Risk-Reward Ratio: Favorable, as the potential upside to ₹215 outweighs the downside risk to ₹147.80.
Volume: Increasing volume during the breakout will strengthen the bullish signal.
Entry Level:
₹178.72 (Breakout level above the resistance).
Stop Loss (SL):
₹147.80 (Below the consolidation zone's support, ensuring risk management).
Target 1:
₹215
Target 2:
243
Strategy:
Entry Confirmation: Wait for a daily close above ₹178.72 with strong volume to confirm the breakout.
Risk-Reward Ratio: Favorable, as the potential upside to ₹215 outweighs the downside risk to ₹147.80.
Volume: Increasing volume during the breakout will strengthen the bullish signal.
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