Hi everyone!
As per the chart Scrip has given breakout. It was consolidating for so long. 3 times bounces from the support zone which can be Considered as SL. Entry could be taken after the candle close above the trendline for confirmation.
Details are given in the chart.
Time to reach the target is asummed 3 to 5 months as per my technical analysis.
Disclaimer : I share my views only for learning purpose and strictly don't recommend anyone to trade on my analysis.
As per the chart Scrip has given breakout. It was consolidating for so long. 3 times bounces from the support zone which can be Considered as SL. Entry could be taken after the candle close above the trendline for confirmation.
Details are given in the chart.
Time to reach the target is asummed 3 to 5 months as per my technical analysis.
Disclaimer : I share my views only for learning purpose and strictly don't recommend anyone to trade on my analysis.