Stock- Pnbhousing ( Daily chart )
Date- 09-dec-21
Sector- Finance|rental | Leasing
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Levels To Watch
Buy -597.50 ( Trendline Breakout )
1st Target - 669-700 ( Resistance & Hold Level )
2nd Target - 763 ( Resistance line )
Strict Stoploss - 225 ( Below Support Zone )
R:R - 1:2 ( Acceptable Ratio )
Time Frame - Few weeks to 1 month after BO
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"Things In Our favor"
1- Range Bo
2- Volume is in Support
3. Trading above all major MA
4. Channel BO upside
5. Falling Wedge Pattern Bo
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Disclaimer:-
All My ideas are for Educational purposes Only & not Buying or Selling recommendations. Levels are given for tracking only, I'm Not a SEBI Registered Analyst. Please consult your Financial Advisor before taking any trades.
Check Few More Bo ideas Stocks in My Profile
Have a nice day,
ReviveTraders