Setup:

The stock was very close to previous weekly swing high. Daily was resting on 20 EMA. 15 mins had a bullish candle with good volumes, which indicated a move is commencing.

Entry trigger:

Entered at Rs 596.20 after observing good volumes in 5 min candle.

Stop loss:

Stop loss was was just below the first bullish candle at around Rs 585 and near to 15 mins 200 SMA.

Chart:

Target:

Expecting a target between Rs 675 – Rs 700 in few weeks. The scrip is making all time highs.

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