On what basis are the targets set as they are no price action points available above Rs. 530 for reference? The only potential reference available is Rs. 570 of the breakout high which has come for retest? Hence, beyond 570, on what basis have you set your targets?
the last weekly candle has clearly show a retest on the resistance
and even rsi is trading above 60 which shows a bullish movement in the stock!!
i maybe wrong everyone is a learner in the market no one is perfect
Saketh_Vaddadi
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@anandansh, hey I am bullish too on the stock cause as you said retest plus a morning star on the 1 day chart.
I was just asking how you came up with the targets 600 and 650 cause beyond the 570 high there isn't any reference right.
So just trying to learn from you.
anandansh
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@Saketh_Vaddadi yes buddy i am glad to assist you buddy this are the predicted levels that we can see if the stock makes new high 🙂 any other queries can msg me personally
Shadab_07
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How did u set up the target
anandansh
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@Shadab_07, i marked the psychological number and they are important levels if this this stock makes new 52w high these may be the levels