Expleo Solution has formed rounding pattern on daily & weekly timeframe.
At the same time it has taken support at 0.382 Fibonacci retracement levels.
Which coincidentally is also the top of 2016 highs.
Hence support is extremely strong.
Invest for horizon>1yr.
Buy : 1650
Stoploss : 1550
Target : Short term : 1850, Medium term: 2200, Long Term: 2500
At the same time it has taken support at 0.382 Fibonacci retracement levels.
Which coincidentally is also the top of 2016 highs.
Hence support is extremely strong.
Invest for horizon>1yr.
Buy : 1650
Stoploss : 1550
Target : Short term : 1850, Medium term: 2200, Long Term: 2500
Trade active
Trade closed: stop reached:
SL hit. Fall came due to bad results. Can't predict this kind of move.