The stock gave a successful breakout from a falling trendline and managed to close above important resistance level of INR 60.
The stock slid 21% in 2months between Oct-Nov. on back of contracting volume which in fact should be seen as a bullish sign.
The Friday low of 57 is crucial support for the stock now and can also be used as a SL.
The stock should now attempt to rally towards its Oct. high of INR 66.75(10% from CMP).
CMP 60.35
SL 57
TARGET 66
NOTE*- Please take any trading/investing decision only after doing a thorough research in any financial instrument.
The stock slid 21% in 2months between Oct-Nov. on back of contracting volume which in fact should be seen as a bullish sign.
The Friday low of 57 is crucial support for the stock now and can also be used as a SL.
The stock should now attempt to rally towards its Oct. high of INR 66.75(10% from CMP).
CMP 60.35
SL 57
TARGET 66
NOTE*- Please take any trading/investing decision only after doing a thorough research in any financial instrument.
トレード終了: 利益確定目標に到達
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。