Stock is in Overall Uptrend in all major Time Frame.
** Currently Stock is in Box range for almost 2 Months.
Ascending Triangle also spotted in Range which is kind of bullish confirmation but on the safer side we have to trade after the range Breakout.
Previously price tried to break range but miserably failed and next day price came back down .
Our entry will be initiated once it break ascending triangle but we have to wait till the Range break.
Our Nearest targets will be 134 around.
Please share your views too in comment section. if you like this setup please give us a thumbs up and follow me for more If you didn't like it please let me know why you didn't like it.
Sir, today it broke both the triangle and range breakout. I am planning to take this trade tomorrow. Pls tell ur suggestion. I will surely inform you about my success after buying the stock. Thank you for your patience and efforts.
Notorious_Trader
⋅
Hey @federalMagpie90736, Thank you for reaching out . It broke the range today with the good volume, But you have to understand that you have to hold this for bigger target as of now tomorrow i am not suggesting you to go for intraday .
you can enter at opening and you can do average at 120.55 with the stoploss of 110.9 . Stoploss is bigger now because you didn't catch today move and go for bigger target now .