EDUCATIONAL IDEA -
PRICE IS VERY CLOSE TO MULTIPLE TREND LINE SUPPORT. THE HORIZONTAL SUPPORT IS OLD RESISTANCE ON WEEKLY AND MONTHLY CHART AS WELL. TREND LINE IS A MAJOR TREND LINE ON DAILY CHART. STOCK CAN BE LONGED AT CMP 155.7 WITH SL BELLOW TODAYS LOW 152.1. WITH A TAREGET OF 170.
PRICE IS VERY CLOSE TO MULTIPLE TREND LINE SUPPORT. THE HORIZONTAL SUPPORT IS OLD RESISTANCE ON WEEKLY AND MONTHLY CHART AS WELL. TREND LINE IS A MAJOR TREND LINE ON DAILY CHART. STOCK CAN BE LONGED AT CMP 155.7 WITH SL BELLOW TODAYS LOW 152.1. WITH A TAREGET OF 170.
Trade closed: stop reached:
price started treding below the sl.