The price action of the stock clearly states The Trend is Bullish from past few sessions. It’s quite interesting to analyse the chart at such levels. There’s Strong probability to achieve Target 1 in the upcoming session . In spite of heavy volumes coming in, the price action has not given any specific momentum in today’s trading session, other than the opening gap up. There’s definitely accumulation going on which will result in heavy bull rally in coming sessions. Till then Target 1 and 2 are reasonable prices one can trade for . On intraday TF ,price has tested support on 16 EMA ,which is close to the support zone . Before initiating the trade check for the trend and whichever signals you rely on . TRADE WISELY AND SMARTLY
Trade closed: target reached