RELIGARE - Long Setup, Move is ON..

15 Eki 2022

RELIGARE

✅ #RELIGARE gave a breakout entry at 153.45 when it broke out from a channel after consolidation (as shown in chart)
✅ It is now trading above Resistance of 187
✅ Next Resistance is at 216

Here is the previous chart:



Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade