The stock gave a successful breakout from a falling trendline and managed to close above important resistance level of INR 60.
The stock slid 21% in 2months between Oct-Nov. on back of contracting volume which in fact should be seen as a bullish sign.
The Friday low of 57 is crucial support for the stock now and can also be used as a SL.
The stock should now attempt to rally towards its Oct. high of INR 66.75(10% from CMP).
CMP 60.35
SL 57
TARGET 66
NOTE*- Please take any trading/investing decision only after doing a thorough research in any financial instrument.
The stock slid 21% in 2months between Oct-Nov. on back of contracting volume which in fact should be seen as a bullish sign.
The Friday low of 57 is crucial support for the stock now and can also be used as a SL.
The stock should now attempt to rally towards its Oct. high of INR 66.75(10% from CMP).
CMP 60.35
SL 57
TARGET 66
NOTE*- Please take any trading/investing decision only after doing a thorough research in any financial instrument.
거래청산: 타겟 닿음
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.