Observations: 1) Rising wedge formation 2) Getting rejected from the above trend line 3) May move towards 408-394 on the downside 4) Bullish on clean break of above trend line, above 440 may move towards 460-480
Trade closed: target reached
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After multiple rejections from upper trendline, target of 394 achieved. STock went as low as 360 before shooting up again.