This scrip is undoubtedly one of the fundamentally sound scrips, it is in an uptrend since its listing, so we may long this scrip when there's a correction from a breakout. Now, it had given a good breakout with strong volume. As it's a large cap scrip, we may not see much volatility here, so it's a low risk trade.
Swing traders can consider this scrip to long in CMP with SL just below the support (3265) with a first target 3666. RRR is around 1:1 which is a decent one consideing low risk trade.
There might be pullback to the support zone, try to average he cost to maximize the return.
Swing traders can consider this scrip to long in CMP with SL just below the support (3265) with a first target 3666. RRR is around 1:1 which is a decent one consideing low risk trade.
There might be pullback to the support zone, try to average he cost to maximize the return.