It has made bullish flag and pole pattern. Once it break the trendline then it will be a good buy trade opportunity. And safe buy trade can be above 134 breakout.
Safe Sell trade can be taken below 130. But once who even wants to short below 132 then it will be a quick move of 2 points till 130. My personal view is 130 will act as a support. But if 130 is broken then there will be down movement. But better to book partial profit at 128 level in short trade.
Today 02-08-2021, it made a big candle and trade in between the range. We could have a great trade if it breaks that level of first 15min candle on either side.
Most of the time it was sideways. There will be an opportunity tomorrow. Levels will be same.
swathikonakanchi
⋅
Yes it Looks Bullish as autosector is also bullish now we can keep in watchlist and enter
If you are talking about positional trade then yes.
Any dip above 134 level will be good opportunity to buy. I will suggest, if you are planning to buy 100 share of it then buy 50% of it at 141 level and then let it go up or down and if you get a dip till 141 or 139/138 again then you can add other 25-30% and then if there will be any other dip above 141 level then add remaining shares.
It is now bullish but it will surely give a dip in coming days till 139 or 137 level.
Most of the time it was sideways. There will be an opportunity tomorrow. Levels will be same.