Stock is trading near its previous ATH levels, which was made nearly 4 years ago and also multi-year resistance levels.
Any closing above 670-685 levels on weekly CB, would take the stock to 1000+ levels in medium to long term which is around 50%+ from CMP. Longs cab be considered at cmp with SL as risk appetite for the said target levels.
Kindly do your analysis before initiating trade.
Any closing above 670-685 levels on weekly CB, would take the stock to 1000+ levels in medium to long term which is around 50%+ from CMP. Longs cab be considered at cmp with SL as risk appetite for the said target levels.
Kindly do your analysis before initiating trade.