Deepak Nitrate - will take a resistance at 2150

Deepak Nitrate will take resistance at 2150 and 2150 will act as Breakout level.
Holding position from 1800 and thinking to book profit 2150 and re-entre once breakout is confirmed

Commentaire:

Continued uptrend . key level to watch 2150

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Approaching breakout level. plan is to book profit close to breakout level and re-entre once stock closes above breakout level

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Happy to see breakout level act as resistance.. that proves, when it breaks it will be good breakout

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Momentum resistance acted very well. lets wait for breakout

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Deepak Nitrate is forming handle formation.
it took resistance at breakout level. once it takes it off, we can see a good rally.

Commentaire:

perfect set-up. stock taking resistance at breakout level