As per the past trends, we can observe a strong support with a profit potential of 4.90%.
This Ticker symbol is showing an Ascending Channel as it is trending above the SMA 180. We can wait for the ticker to go above the EMA 45 for the confirmation of the Reversal.
Risk can be managed by keeping the Stoploss a little below the Support line.
Empower yourself by 1st Understanding the Technicals behind the trade and then enter into the position and never invest in something that you do not understand.
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