255 to 268 is the support zone
Trend view:
Above the green Trend line stock is in positive territory
Currently possibly a Correction phase in up trend.
Trading Plan
Consider buying at cmp and or on dips towards 258-245
SL: Exit if stock closes below the green trend line on weekly charts
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trend view:
Above the green Trend line stock is in positive territory
Currently possibly a Correction phase in up trend.
Trading Plan
Consider buying at cmp and or on dips towards 258-245
SL: Exit if stock closes below the green trend line on weekly charts
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
