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INDLMETER : BREAKOUT FOR 200%

By Cruoso4u
Hello Traders!
We've found another one which has high probability and potential to perform. Entry can be taken at CMP. Target and SL are mentioned in the chart.
LOGIC : Bouncing from the support zone of 50 ma and it is trading above 6 ma.
It's bouncing after retesting from the Mazor trendline support.

Disclaimer : This analysis is only for educational purpose and not my recommendation for trading.
Disclaimer :
NIFTYSupply and DemandSupport and ResistanceTrend Lines
Cruoso4u

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