After a big fall it is in a very good place accumulating in support region waiting for retracement or you can say for lower high . but dont miss this opportunity as any stock cannot go vertical as it need to satisfy the supply and demand .
good entry around 970
target you can keep arounf 2.5% - 3.5% if for extreme safe trade 2.5 % will give highest probability but youl'l miss the some profit though
so trade with you own risk mangement dont take more than 1 % stoploss
Previosuly same situation repeaded and taken opportunity in the DR Reddy stock aswell check that trade for reference how it will be performing
and after exiting wait for re entry again after some time as it may also retest back to these level and form " W " pattern and go up 5 %
good entry around 970
target you can keep arounf 2.5% - 3.5% if for extreme safe trade 2.5 % will give highest probability but youl'l miss the some profit though
so trade with you own risk mangement dont take more than 1 % stoploss
Previosuly same situation repeaded and taken opportunity in the DR Reddy stock aswell check that trade for reference how it will be performing
and after exiting wait for re entry again after some time as it may also retest back to these level and form " W " pattern and go up 5 %