Description
⋅ The stock is in good upward momentum and crossed 500.
It was seen consolidating at the imp psychological level of 500 for 2 days and formed a horizontal consolidation area right there.
Today it was seen breaking out of the consolidation and hence can be expected to go and test previous high of 520.
ENTRY - 503-505
SL- 499
TARGET - 520
RISK:REWARD - 1:3