Breakout of 14-month-old trendline and retest done!

The stock gave a 14-month-old trandline breakout last week and retraced. Today it has bounced sharply on 200 ema and closed above the trendline.

Buy intraday above 115 and positionally on closing above 117.8 for further upmove.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.

I always encourage partial booking 1-2% profits and use a strict trailing stop loss.

Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar