Watchout for trendline breakout

٥ سبتمبر ٢٠٢٢

The stock is testing its 9 month old trendline and strong resistance zone. Buy above 106.5 level on day closing basis for short term targets of 111 and 114.5.

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