After 2 months base formation we had a strong breakout candle (Marubozu) & stock is taking a breathe from past 3 days.
Also as per Fib extension we had a pullback exactly from 1.618 level
Looks good till we are trading well above the breakout & targets can be 1180-1200 in short term
Also as per Fib extension we had a pullback exactly from 1.618 level
Looks good till we are trading well above the breakout & targets can be 1180-1200 in short term