We have confirmation on three basis points here :
1. Uptrend so only buy position.
2. Broken structure zone with good volume.
3. Retest or last kiss checked on 1H time frame.
4. Bullish as on 4H time frame three green soldiers are visible.
Action-Plan : Enter at current price and trail the stop loss to the above resistance zone if it breaks it. Safe traders can...
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the stock has been showing decent copy book patterns....
looks good to e for an options naked call, or a futures buy.
given the targets, there seem to be good chance of upside in the stock
5/7 days holding time.
The stock has risen slowly and then consolidated for couple of months.
Has given a clear and strong breakout from the Channel
buy at CMP or if it retraces till 60s level
Target 1 - 66 level
Target 2 - 73 level
Target 3 - 84 level
Long term only
Stop Loss 50s level on closing basis