Positional Trade Strategy for Prism Johnson:

10 wrz

Entry Point: Enter the trade near the current price level of 191 INR or on any minor pullback close to this breakout level.

Stop Loss: Place a stop loss below the breakout level to protect against a false breakout. A safe stop loss could be around 180 INR, considering the previous support and resistance levels.

Target Price:

First Target: 210 INR - This level is a conservative target based on the previous peaks on the chart.
Second Target: 230 INR - This is a more aggressive target, considering the potential momentum from the breakout.
Time Horizon: This is a positional trade, so the expected holding period is from a few weeks to a few months, depending on the price action.

Volume Confirmation: The breakout has occurred with high volume (as indicated on the chart), which adds strength to the breakout. Monitor volume on pullbacks to ensure the breakout holds strong.

Risk Management: Ensure that the position size is appropriate for your risk tolerance, keeping in mind the defined stop loss level.

This strategy is based on the technical breakout pattern visible in the chart, and you should adjust it based on your personal risk tolerance and investment goals.