The chart shows that the stock has bounced back from 210, a support level for the last few months. Also, a retest area for the previous breakout makes it more significant ( if sustains above 210 ).
If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Do not gamble in any trade. Try to refine your trading setup in a way so that it should appear like a business.
All the best.
If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Do not gamble in any trade. Try to refine your trading setup in a way so that it should appear like a business.
All the best.
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Cmp 216.55. If comes down to 214/213 in coming sessions. It will be a reasonable price according to the above setup. All the best.
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Seems like that after touching 213.85 yesterday, now it is ready to move ahead. let's see in the coming sessions. Keep tracking.
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Almost reached the first target of 235. Keep watching.
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Inching forward. Reaching 241.
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Towards the second target. Keep tracking.
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Reached second target 252.