Time frame - Daily
With the broader market going down during the months of Feb & Mar'22, the stock too made a dive from its 52 weeks high to a level of 290-95 where after a brief consolidation, the stock has again given a breakout of the consolidation range. The stock retested the range and has given confirmation as well with a good amount of volume. The stock is looking good for taking a long position with the below levels to be kept in mind
CMP = 367.35
T1 = 425
T2 = 475
SL = 315
Do follow the account if the article delivered value to you :)
With the broader market going down during the months of Feb & Mar'22, the stock too made a dive from its 52 weeks high to a level of 290-95 where after a brief consolidation, the stock has again given a breakout of the consolidation range. The stock retested the range and has given confirmation as well with a good amount of volume. The stock is looking good for taking a long position with the below levels to be kept in mind
CMP = 367.35
T1 = 425
T2 = 475
SL = 315
Do follow the account if the article delivered value to you :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.