The stock has been trapped in the channel for a while now. This is an intraday pick from my side.
Note:
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- Buy above 640
- Sell below 629
Note:
- Avoid the stock if a big gap up or gap down is seen
- Enter after the breakout happens and not before it
- Do not chase the market, i.e., do not get involved in late entries
- Only enter with strict stop-loss and target
- This is not a recommendation and is for educational purposes only.
- always follow risk-reward and quantity management for the 100% of the times
- The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!