It is been observed on daily chart that the price action is breaking out from a downward trendline with an uptrend channel formation. It is slowly and gradually moving up the price levels while respecting the resistance and support levels of the said uptrending channel. It shall further move up to the next resistance level at around 460-65 levels.
Target: 465 Stoploss: 425
Trade active
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Trade active
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Trade active
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Trade active
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It did well today as well, buyers still intact. Tomorrow, it shall further move up to targets. Regards
Trade active
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Trade closed: target reached
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Target reached successfully in a week time, Regards