Balajitele - Range Bound - Range Breakout

7 feb 2022

BALAJITELE

BalajiTele

View : Bullish Shortterm - Medium Term - Long term

Structure : Range Bround
Range Breakout: Traders can enter in the direction of a breakout from a trading range.
To confirm the move is valid, Traders can use other indicators as per thier own wish.

Observation:
1. Range Breakout @ 75.00
2. Double / Multiple Bottom
3. Multiple support between 57 -58 indicates Balajitele can break the Upper range.
4. Range broken at 75.00 CMP 77.00 (7th February 12.40)

View:

Buy between 75 - 78
Stop Loss: 69.75 for long term
Target 83 - 89 - 92 - 96 - 95 - 100 + + + +

10 feb 2022

Nota

75 - 78 to 83 - 87.10 up 15.44 % intraday with cmp 87.10 10 Feb 22 EOD