Equitus Small Finance Bank: Breakout with volume

30 בנוב׳ 2022

EQUITASBNK shows bullishness because of:

• A clear rectangular consolidation brakout
  
• High volume
  
• The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel)
  

Trade: Buy above 58, SL: 56, T: 65/68
Sell below: 54, SL: 57, T: 51/48