POKARNA has shown strong momentum with a breakout above key resistance levels. Currently trading at ₹1,223.55, with a 9.8% breakout target in sight.- Breakout from a consolidation range with strong bullish candles.
- Significant volume spike supporting the breakout.
- Resistance: ₹1,353.80
- Support: ₹1,195.45, ₹1,149.38
Trade Setup:
- Entry: ₹1,225-1,230 (near CMP or on dips).
- Stop-Loss: ₹1,190 (below support).
- Targets:
- Target 1: ₹1,353.80
- Target 2: ₹1,420
Risk Management: Position size accordingly, as markets can be volatile.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.