Breakout Trade

337
snapshot

National Securities Depository Ltd (NSDL) provides electronic infrastructure for dematerialization of securities and facilitates electronic settlement of trades in Indian Securities Market.

NSDL forms a triple bottom breakout chart pattern on daily time frame at around 1040 price acting as strong support and is all set to give breakout at 1086 price.

Near term possible targets will be 1200 and 1400.

Trade active
Nsdl didn't gave the breakout as we expected, so far now no trade in it.
We will wait for the breakout

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