The stock has reached its all time high levels and is now trading in an open territory with no resistance but as per the data suggests the stock has seen aggressive call writing at the levels of 1100 so the stock can see a halt there but before that the chart looks strong and a clear breakout on the weekly charts has been seen. One should look to buy on dips for targets of 1060-1100 with a tight stop loss below 960 on a weekly closing basis.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Trade closed: target reached