My Findings :- 1. Breakout from Oct 2021 High and Closed with Strong Candle. 2. Although Itβs Crowded trade but it came on my breakout radar so sharing it. 3. Risk to reward ratio is favourable. 4. Check Out My Long term Analysis too.
Bias- Long Target- 307, 320, and 342 SL- 249 RR- 1: 4
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.