Spencers CMP - 114.85
Looking bullish in higher time frame. One can go for Positional Trade Setup with the following entry, exit & targets.
Buy Range 110 - 115 / Stop Loss 100
Target 1 - 125
Target 2 - 135
Target 3 - 140
Long Term Target - 200 / Stop Loss 95
Disclaimer: This is my view and for educational purpose only.
Breakout given at 1 day t.f closing above the line..
Good opportunity with good risk reward ratio
Self explanatory chart for educational purpose
I'm not sebi registered
Kindly take advice from your advisor or else with your own analysis