It has been observed that the price action was trending down for past 5 months and now, it showed a strong volumes at support levels indicating a buyers coming back. It has another resistance at 280 levels, if it breaks and closes above it on weekly chart then it shall confirm a change in trend and will further rise up.
Target 1: 280
Target 2: 320
Stoploss: 245
Target 1: 280
Target 2: 320
Stoploss: 245
Trade active
Trade active
Trade active
Trade closed: target reached:
Target 1 reached. Now, once it closes above 280 then it shall further move up to T2. Thanks