LT is taking support from trendline and forming a triangle pattern, go long for intraday after it breaks the upper line of the triangle. Place logical SL and targets to recent high . (Around 1970/1968)
Well analysed atleast for I/D... What do you say for next 1 week, wheres the stock is heading?
Rehan_sharif
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@alark123, If it breaks the trend line(RED) it will fall till EMA 200 of 15 min timeframe and could take a pull back . There is also a good demand zone at 1930. If it strongly closes above 1980 you can plan for going long for a swing trade (4-5 days)
What do you say for next 1 week, wheres the stock is heading?