SundarmFin | Parallel Channel Breakout

13 בינו׳ 2022

A 6-month Parallel channel breakout is seen in this stock. A double bottom with MACD-H divergence precedes this breakout as well. This can indicate a strong trend ahead. Levels are as follows. Buying above 2494 with a SL of 2325. Targets of 2700 can be expected.

Please trade according to your risk appetite. Thank you & Happy trading.