The stock is showing some good buying pressure and the recent hammer formation is also showing the discontinue of down trend, so a suggestion is given to "GO LONG" at the levels of 285.50 with a target of 319 and keeping the stop loss tight and packed at the levels of 266
So till the levels are achieved "WAIT AND WATCH". GO LONG as soon as the levels come on charts.
REWARD: 34 POINTS RISK: 19 POINTS
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