The stock has broken out of a trendline from where it was getting rejection and the retest was done today. One can look to buy at CMP for targets of 76-80 with a stop loss below 64 on a daily closing basis. It is a trading bet and not a positional call.
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 closed: stop reached
Comment:
THE STOCK SEEMS TO HAVE FLUSH OUT THE BUYERS AND NOW COMING BACK UP