Long Term Players Watch Out ADSL

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Long Term Players Watch Out ADSLAllied Digital Services LimitedNSE:ADSLTrendxincADSL 📈Pattern & Setup: Allied Digital Services is testing its long-term descending trendline once again — a level that has trapped bulls three times before. Each of those attempts failed to sustain, leading to sharp pullbacks. This time, however, there’s a visible change in behavior. The stock is approaching the breakout zone near 205–210 after forming a higher low structure with a strong **volume spurt**, showing signs of renewed accumulation. If it manages to sustain above the trendline, a powerful upside could unfold. 📝 Trade Plan: Entry: Wait for a decisive breakout and close above 210–212 for confirmation. 🚩Stop-Loss: 188 (below rising trendline support). 🎯Targets: Target 1 → 285 (previous major swing high). Target 2 → 312 (extended measured move, offering around 52% upside). 💡Pyramiding Strategy: 1. Enter first lot after breakout above 210 with strong volume. 2. Add above 225 continuation, trail SL to 200. 3. Add final lot above 260, trail SL to 225. Ride the move toward 312 levels if it sustains with volume confirmation. 🧠Logic Behind Selecting this Trade: This setup carries a mix of opportunity and caution. While the structure hints at a trend reversal, the stock’s past traps near the same zone make confirmation crucial. A sustainable close above 210 backed by strong volume can trigger a multi-week rally. Until then, treat it as a watchlist candidate — not an aggressive entry. Keep Learning. Keep Earning. Let's grow together 📚🎯 🔴Disclaimer: This is not an investment advice. Always do your own due diligence before making any trading or investment decision.