Bullish Channel - Ideally suitable for swing and long term

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Bullish Channel - Ideally suitable for swing and long term
Entry point would we be at the lower end of the channel with right stop loss amount.

Depending on swing or long term appropriate targets could be projected and booked appropriately as per the upper channel zones.

Disclaimer: This is published for educational purpose only for understanding the chart structure.


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Higher bottoms are forming and the current bullish trend is intact. Script is making a move higher than the upper band of bullish channel. Transformers stocks are on rise. Trend is expected to continue in the month of May too.
Trend Lines

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