Over the past few months, this stock has been correcting from its 52-week high. 500-520 which earlier acted like major support was broken and now acting as assistance. now price is testing this level for upward momentum. Watch out for this breakout and we can buy if the price closes above 535 with good volume in day chart.
Trade set-up
1)Entry around 535-540
2) Target 582, 677, 828.
3) Maintain strict Sl at 436.
This is just a view, not a recommendation. Do your own analysis before taking any decision.
Please let me know your views on this in the comment section.
Trade set-up
1)Entry around 535-540
2) Target 582, 677, 828.
3) Maintain strict Sl at 436.
This is just a view, not a recommendation. Do your own analysis before taking any decision.
Please let me know your views on this in the comment section.