The stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls, and Supports Nearby.
The stock has previously broken out with good volumes and retested the upper trendline, the point of entry.
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zones, and previously upper & lower Trendlines. Target...
Wave 2 is 0.618 times of Wave 1,
Wave 3 was almost around 1.272 of Wave 1.
Wave 4 is 0.618 retracement of Wave 3.
Also ABC correction (Most likely Zigzag, I have not attempted to count it yet) is completed with C as 2.618 of AB.
Now we have a wave 5 play in progress.
Tgt would be 200 and 225.
