It is moving in a channel from last 6 months and it has recently bounced from its all time low.
and now it is near to breakout this channel.
one can add if it able to sustain above 50 EMA.
CMP :- 499
TARGET:- 532,560,600++
STOP LOSS :- 475 ( CLOSING BASIS)
THE IDEA IS FOR EDUCATIONAL PURPOSE,TRADE AT OWN RISK....
and now it is near to breakout this channel.
one can add if it able to sustain above 50 EMA.
CMP :- 499
TARGET:- 532,560,600++
STOP LOSS :- 475 ( CLOSING BASIS)
THE IDEA IS FOR EDUCATIONAL PURPOSE,TRADE AT OWN RISK....