Shown above is the 60 minutes chart of BFUTILITIE. As we can see that the stock has given multiple breakouts.The level of 758 which was acting as a firm resistance has been breached by the stock.Also the stock has given a breakout of a conical triangle with moving moving averages supporting the trend and increasing volume. Therefore, I suggest to buy the stock above 787 for targets of around 798-800 and stop loss below 772.
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