The daily time frame indicates a breakout with confirmation through a pullback. The ideal stop loss (SL) would be set at the swing low (397), and the first target is the pattern high (433), followed by the second target at Fibonacci level 1.6 (i.e., 486.40).
Trading at all-time high additionally weekly candle comfortably closed above major trendline and daily candle retest and if price sustain above the minor trend excepting 20 % upside move
cmp 576
trgt 5-10-15%
and more
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
215 level breakout happened today (05-06-2020) and daily close happened at 255 level. A clear and strong close above 255 in coming days will lead the price up to 300 levels.
