JUSTDIAL
Likely chart path.
Of course, only after considering global market futures opening on Monday.
1. Yellow path considering market rise or Nifty steady
2. Orange path if markets correct.
Currently, yellow most likely as niftyit is likely to have northerly bias in next trading session.
Decision on long or not is to be taken based on the breakout referring to pink rectangle around 1030 hrs.
Look for further updates on Monday, morning.
Comment:
The support is also a 50% retracement level for the recent run-up.
Comment:
Decision regarding short or long to be taken based on the level of the stock around 1030 hrs.
Trade active:
One can buy now for 1.5 % gain