Breakout above sloping trendline !
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Stock has given breakout above the sloping trendline on daily chart. Also, there is morning star formation on daily chart.
One can consider long position with SL 635 on weekly CB for the target of 720 and 740 in short to medium term (more than 1:2 RR), 800 in long term (1:5 RR).
Kindly do your analysis before initiating trade.
One can consider long position with SL 635 on weekly CB for the target of 720 and 740 in short to medium term (more than 1:2 RR), 800 in long term (1:5 RR).
Kindly do your analysis before initiating trade.
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