Clearly visible from the charts that it is taking support from the price range of 710-715 which is quiet strong support + 1hr BULLISH divergence of RSI shows that it is getting strength ....can go for swing position of it with the stop loss below 710 !!!
@puneetbhardwaj90, phase of consolidation is going on which is seen clearly on 1hr time frame with the increasing strength of RSI waiting for some good volume on this level ...Lets wait for the next week
@Vinay9811, I got your point. But it has not broken out yet. Wait untill it gives a breakout.
Onemanshow1234
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I got in at 668. This stock is heavily manipulated with the promoters pledging 26percent of shares. You should watch it closely to see how manipulated it is. I’m in profit but I wouldn’t advise anyone to enter before it smashes all those humongous call writings at almost every strike above 730. Enter only after it breaches 760 convincingly.
puneetbhardwaj90
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@Onemanshow1234, I am still more bearing and less bullish with this stock. Agreed with your point of view.
Vinay9811
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@Onemanshow1234, i hope you are watching its strength today ;)
Vinay9811
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@Onemanshow1234 yeah the manipulation is going on from last month till now but i am hoping for some good volumes at this level to move this stock at higher levels...let's see !!!!