Possible Zone Breakout in Jubilant Ingrevia

Observed possible zone breakout in Jubilant Ingrevia. Where stock was trading in a range for the past few months. Now we can see the price moving towards the upper range with significant volume support. Also, it has already broken the previous trend line with good volume. considering these price is expected to move upwards.

Trade set-up
1) Can enter trade if price closes above 541 in daily chart.
2) Stop-loss can be at 464.
3) Possible targets are 609 & 648

This is not a recommendation. Do your analysis before investing.
Please let me know your view on this trade in the comment

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