Likely to travel atleast till 320 mark which had & can cross 320 as well, but that shall be in the future.
So, if it falls in the price band 286-288 -it shall be a good deal make sure it should not dip below 285- in that case one can just wait out on the sidelines.
Target Zone 320 with stops below 285- Looking to add in the range 286-288
Risk Reward- 1:15 (Extremely High End Reward)- To lose 2-3 bucks & gain 25 -30 bucks.
If it goes beyond 320 then I shall modify the counts.
Party Over for Fresenius SE
Hitting the box with risk reward & took U-turn from the box- We lose nothing just gain by putting stop at cost now.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ