since the zone of 440-444 has acted as a support/resistance zone previously, current price action showed rejection to the same zone and sustained above the same. with the better risk reward ratio we can go long with previous low as a SL With the above mentioned targets in the chart. Rsi is also near to oversold zone. so, would suggest to go long.
#ENTRY :- CMP (345-355)
#TARGET :- T1-361, T2-375, T3-386.
#SL :- day candle closing below 339.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
#ENTRY :- CMP (345-355)
#TARGET :- T1-361, T2-375, T3-386.
#SL :- day candle closing below 339.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.