Until the LIC of India finishes selling to the FIIs and all others we continue to see muted performance... Technically it looks set for fireworks for some time now, all ready for the 4 digits club which is the target (1001) of the saucer breakout, RSI also poised well.... the Fibonacci target level to look out for is 1280+ which comes into play after takes out 830. If I take this trade now I will keep a stoploss of 705 and enter with a smaller position size as the stoploss is close to 10% from current price
Trade closed: stop reached