Positional Trading Signal in Flair Writing Industries Limited

FLAIR

Stock closed above recent high nea 290 and expected to touch 308 - 315 resistance level. If it closed above 315 level on weekly basis then it is expected to touch 365 level.

If trade is initiated near 290 - 294 level then the Trailing Stop Loss can be placed below 273. If trade is initiate above 315 then Trailing Stop Loss can be placed below 290.

It is expected Buyers will jump to stock if 315 level is touched.

Comment:

Closed above 315 level. Fresh Entry may be initiated for a target of 365.