estockmarket

Future retail :: Is near term profit booking a buy opportunity?

Long
NSE:FRETAIL   FUTURE RETAIL LTD
In the near-mid term we get a small profit booking, we will try to accumulate partially 544-509 due to preceding trend not follow the trend line then suddenly raised & corrected, if it repeat same might be possible to break support trend line and make a lower low, instead hold support zone we can take partially and after confirmation will accumulate it.

R1 R2 R3
660 695 753

S1 S2 S3
544 509 451

Note: Buy-sell it's your choice.

Cheers!
Comment:
Partially accumulation started 509-544
Trade active
Trade closed manually

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