Go Long above 1018.9 for targets 1050.85, 1082.8 with SL 987
1. When we draw from the recent lowest swing (Point A) to the recent highest swing we see that the stock is trading at 0.382 Fibonacci level.
2. Also it has made a pattern ( ) at 0.382 Fibonacci level marked with a blue circle.
3. There is also a demand/ marked with a purple . Initially, it was facing resistance in this zone. Now this resistance will act as support and stock is trading around this zone.
4. Trail Sl for the second target as there is resistance around target 1.