Jindal Steel and pwr Breakout Trade

There has been a breakout through the Resistance line (Yellow line)
There is good , higher than average volume on breakout
There is rise in ATR on and after breakout
Steep Rising RSI Crossing over to OB zone is indicating good momentum
Tgt = 662
SL = 599

Commento:

This trade can be loosened to provide space for volatility and retest,
So keep SL at 589

Trade chiuso: obiettivo raggiunto