Today broke out from a downtrending Trendline Zone on closing basis.
On Buy Side I am looking for Targets of 238, 266 followed by 295.
StopLoss should be kept at close below 216. It offers 1:5 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.