BREAKOUT IN TALBROS--EDUCATIONAL PURPOSE

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BREAKOUT IN TALBROS--EDUCATIONAL PURPOSETalbros Automotive Components LimitedNSE:TALBROAUTOmgvirus1Fresh breakout is seen in the stock. Stock made high of 394 in July 2024, then it corrected and went into consolidation phase for 2 years. Now breakout is seen in this week and stock has successfully closed above previous high of 394. Long position can be initiated on re test near 375 with expectation of rally to continue. TARGET : 783 (109%) -FIBO Stop loss : 305 (-19%) on weekly closing basis Time horizon : 5 years. (Till July 2031) ONLY FOR INVESTMENT PURPOSE, NOT FOR SHORT TERM TRADING