The zone 58 - 60 acted as resistance multiple times in the past.
Breakout of that level is achieved on 25th March with volume.
If price reaches the level, it is most likely to be a retest and has very good chance to act as support and bounce back is expected.
More over with COVID restrictions are removed.
This stock in hotel business, should fundamentally improve and perform well in coming period.
So IMO (In my opinion), this is good for a long term investment too
Stop loss/target levels are marked on chart.
Note : I'm not a SEBI registered analyst. The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
Breakout of that level is achieved on 25th March with volume.
If price reaches the level, it is most likely to be a retest and has very good chance to act as support and bounce back is expected.
More over with COVID restrictions are removed.
This stock in hotel business, should fundamentally improve and perform well in coming period.
So IMO (In my opinion), this is good for a long term investment too
Stop loss/target levels are marked on chart.
Note : I'm not a SEBI registered analyst. The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
액티브 트레이드
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.