PERSISTENT - WEEKLY BREAKOUT

It is been observed on the weekly chart that the price action breaking out from a downward trendline indicating bullish move ahead. It shall further resumes the trend and shall further move up to the previous resistance levels. This setup can also be called as positional trade setup where you hold trades for weeks and months.

Target 1: 700

Target 2: 760

Stoploss: 590

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Crossing 660 levels.

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Crossing 670 levels

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Crossing 680 levels

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