#Long on AHLUWALIA CONT ; Multi-year Channel breakout
AHLUCONT traded within a rising channel for almost 10 years till Mar '2020. It then took support at the lower end of the channel in Apr '20 rising from a low of 136 to CMP of 852 (gaining 525%) to form an ascending channel.
The stock has also broken out of the succeeding channel rising 25% in the ongoing Month of Nov'23 itself forming a large bullish candle.
The stock has also broken out of the succeeding channel rising 25% in the ongoing Month of Nov'23 itself forming a large bullish candle.
Commento:
Target 1 achieved!!
Commento:
Target 2 too achieved!!!
Trade chiuso: obiettivo raggiunto