Prices broke out of its strong supply zone (3044 - 3053) on 5th Jan and it has seen acceptance at that zone. This confirms a Trend Reversal for the stock. Price is expected to touch 3187. Any dips in price till 3050 should be looked upon as a buying opportunity.
The trade gets negated on an hourly close below 3040.
The trade gets negated on an hourly close below 3040.
Trade closed: stop reached