Stock has been trading in parallel channel since many months. It has touched lower TL today and bounced. It can continue the bounce in coming days and start another rally.
However if it breaks the Trendline then good to short the stock
Can consider for Intraday as well.
However if it breaks the Trendline then good to short the stock
Can consider for Intraday as well.
Trade closed: target reached:
Already made a low of 918. It has broken the channel. One can book 70% profit and trail SL for remaining