himanshunainwal2

Range Breakout

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NSE:MIDHANI   MISHRA DHATU NIGAM
MIDHANI has given a clear cut range breakout in the weekly charts. The candlestick clearly indicates a range breakout with the lower end of this range is 145 and higher end is 250. A positive crossover of indicators also been visible. The breakout of this range comes around 4 year. The pattern shows a target of 300 in very near term and the value of stock can extends up to 350 level. Stop loss for this trade can be place at 232 level.
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