#LIBAS
Buy-Above 30
Sl-25
T-40 48 55+
LIBAS after giving a very good correction, it has been consolidating in range since last 100 days or 3 months. The stock is ready to breakout. Aggressive traders can accumulate near 30. Safe trader should enter above 35 after the range is taken out. Sl will be the range low i.e 25. 1st target will give us a RR of 1:2.
Buy-Above 30
Sl-25
T-40 48 55+
LIBAS after giving a very good correction, it has been consolidating in range since last 100 days or 3 months. The stock is ready to breakout. Aggressive traders can accumulate near 30. Safe trader should enter above 35 after the range is taken out. Sl will be the range low i.e 25. 1st target will give us a RR of 1:2.