Birla Money 14/01/21 Thursday
Updated
The price was moving in a Descending channel which breached DOWN 50 EMA and TESTED support at 100 EMA (like always) and re-breached UPWARD 50 EMA and took support on it . There's High Probability to achieve Target 1 . One cannot deny the possibility of achieving Target 2 (but with lesser probability). The price looks strong overall ,as on higher TF the trend is bullish. Please check the trend before initiating the trade by whichever signal you rely on. Trade Smartly and Wisely.
Trade active
Trade closed: stop reached
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