value pick with bullish technicals

enginersind :

trade set up :
1. buy at cmp 75.05 till 73
2. keep stop loss as 66 on closing basis
3. short term targets : 84.35/96.65/
long-term targets 112.25/128.35/146.35
technical setup :
1. trendline
2. fibonacci
3. triangle
4. value
note :
a. stock trading exactly at strong trendline support , which is intact for more than 52 weeks .
b. its fibonacci retracement value also at good bullish reversal value of .786
c. its trading in rising parallel channel with lower trendline intact in multiple time frame analysis.
d. in addition its valued at good price for long term / short term pick.

Komentarz:

80.80 high