TRENDLINE FROM 2008 LOW SHOWS A VERY IMP SUPPORT NEAR 1280 LEVEL. TREND SHOWS WE MIGHT SEE AGAIN A BOUNCE . TRADER CAN MAKE POSITION VICE VERSA .ONE CAN BUY WITH 1275 SL FOR 1373 AS FIRST TARGET 1450 AS SECOND TARGET.
SHORT CAN BE TAKEN IN THIS STOCK ONCE IT BREAK 1280 LEVEL WITH SL OF 1300 FOR 1ST TARGET OF 1175..
SHORT CAN BE TAKEN IN THIS STOCK ONCE IT BREAK 1280 LEVEL WITH SL OF 1300 FOR 1ST TARGET OF 1175..
Comment:
price moved as expected , immediate short term hurdle 1364, part profit can be booked to buy more on small dip.
Comment:
cmp 1427 patience gives reward
KA