From past one year stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume.

At this price risk reward is not attractive. So, it is better to wait for retest near 71-68 levels.

Maintain strict stop loss at 58.

All possible targets are marked on the chart.

This is just a view, not recommendation to trade. Do your own analysis before making any investment.

Do like and share this idea and share your opinion in the comment section.

TFCILTD
breakoutbreakouttradingBullish PatternsLONGParallel ChannelSupport and ResistanceTFCILTDTrend LinesTrend Line Breakvolumespike

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