Description
⋅ Technicals:
- INHS on the monthly chart
- Strong support of trendline on the weekly chart
- Broke out and retested the neckline of INHS monthly chart
Fundamental:
- Government's outlook is very bullish on the defense sector
- Attractive valuations compared to peers
- Strong order book
Comment
⋅ Book 75% of profits, again enter into 150-175 region
Trade closed: target reached
⋅
✌🏽from mod @Nico.Muselle, TradingView moderator