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TVS MOTORS made break out with adequate volume from the stand point of
1 Range (w.e.f 17 02 2017)
2 Ascending right angled triangle in the existing UP trend
3. Dow ( with in the above period itself)
Since the scrip is in its long time high I selected Dow for low risk
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Good post.. Target achieved.
Note: The stoploss could have been much lower (atleast below the candle GAP low).
@eqsis Dear sir
As the scrip is already in all time high there is no predetermined immediate resistance and any up move is not a goal but a task hence I opted that plan for which the risk is low. Thank you for the follow up and feed back