The stock rebounded from 50 DSMA. I expect the stock to have another Doji between 100 DEMA at 112.7 which has acted as a strong resistance and 50DSMA at 107
Follow ORB in the direction of NIFTY for the aforesaid targets. A clear break above 113 on the hourly chart should open significant upswing! Beware of Bull Traps though. Check for confirmation.
Trade active
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Sell triggered following ORB - Target 107.5 will re-enter for buy on reaching target