Good opportunity available at Deepak Fertilizer.
Buy above: 575++
Stop Loss: Below 505
Targets: 640/720/825/940/1050
Reasons to buy:
- There was strong support between 510 and 550, tested repeatedly.
- The 100-day moving average offers strong support above 575+.
- Reasonable Risk to Reward Ratio.
Disclaimer:
Please note that this is a general idea and any trading should be done at your own risk.
Trade active:
Target one achieved @640
Comment:
Fresh Entry 640++