Why to buy ? 1. The stock is at 0.618 fib 2. Took multiple support at the green line 3. Positive divergence in RSI ( RSI making higher lows) 4. Support of 200 EMA. ( Earlier too the stock took support of 200 EMA and showed a healthy jump) 5. Decrease in volumes( Sale volume) 6. Large green candles 7. Triangle pattern
Buy between 11800 to 1200 Target - 16000 ( at 0.786 fib extension) Stop Loss - As per your own risk
Views are for educational purpose only.Do consult your financial advisor before trading.