A clear breakout in the monthly charts and continuation of the breakout with a halt has been seen which shows the strength of buyers. One can go long for targets of 660-750-850 on a positional basis with 490 as a stop loss on weekly closing basis below which it turns weak.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Trade active:
MADE A HIGH OF 648 BUT SAW SELLING FROM THERE . ONE CAN BOOK PROFITS OR TRAIL THEIR SL TIGHTLY AND CONTINUE TO HOLD . ONCE IT GIVES A WEEKLY CLOSING ABOVE 650 ITS HEADED FOR TARGETS OF 750-850
Comment:
HIGH OF 700