Buy above 195.5
Initial Target Pivot 205.5
A good portion of the body of candle should be above rectangle with a small wick on top.
Height of Rectangle is approximately 32 Rs.
So we can have a target of Rs 26 from breakout.
195.5 + 25 = 220 approx
218 will be safe to exit.
Also 229 is .618 for the fall 308 to 101
Volume need to increase.
Rsi 57
Stoch 76,68
Price is above 9 and 21 day EMA
Initial Target Pivot 205.5
A good portion of the body of candle should be above rectangle with a small wick on top.
Height of Rectangle is approximately 32 Rs.
So we can have a target of Rs 26 from breakout.
195.5 + 25 = 220 approx
218 will be safe to exit.
Also 229 is .618 for the fall 308 to 101
Volume need to increase.
Rsi 57
Stoch 76,68
Price is above 9 and 21 day EMA