Possible Zone Breakout in Ganesh Benzoplast

١٦ يوليو ٢٠٢٢

Ganesh Benzoplast is ready for zone breakout. If we narrow down the time frame, we can observe price is constantly taking support at 50MA which is healthy price action.
Breakout will be confirmed if the price closes above 142.

Trade set-up
1) Enter trade only if price closes above 142 in daily time frame.
2) Possible targets for the trade153,170,187.
3) Stop loss at 120.

Note:-
This is not a recommendation. Do your own analysis.

Pls feel free to share your thoughts on this trade.

thanks.