The Security is trading in a range at higher levels. The security is consolidating between 411-378, we need to wait for the security to break beyond this level, if the Index is able to break on either side according to that we will suggest to take position.

If the breakout is on the upside the security has to close above 411, wait for the daily  candle to close above this level, if it is able to close above the mentioned level start buying for a Tp of 444

If the RSI is trading above 73 ignore the breakout.

If the breakout is on the downside the Index has to close below 378 levels, wait for   wait for the daily  candle to close below the level, if it is able to close below the mentioned level start selling for a target of 348

US2000

Dec 28 2021

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