SUPRAJIT ENGINEERING LTD
Long
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CHANNEL BREAKOUT IN SUPRAJIT

663
Suprajit breaking out the from a Parallel channel after a long period of consolidation looking bullish for the target of 400 and 470 so i am sharing my trading ideas for this stock below.

Idea 1-: Straight it can go up to 400 from here.

Idea 2- It could came down and retest it's support now that is the upper line of this channel and will go to mentioned targets.
RETEST IDEA-:
snapshot

Idea 3- Can do first target (before or after retest) and will came down for retest and will go up again for mentioned targets.


Stop loss- Below 365 on daily candle basis is would be strict stop loss in above mentioned for all trading ideas.

𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.

𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧

Note
RAECHED 394 FROM 381 NEAR TARGET 1 😀✌️
Note
TARGET 1 ACHIVED ✌️✌️✌️✌️

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