LT - Seeing the opportunity
Updated
All levels are mentioned on the charts.
The stock comes near its five-month-old support trendline. If bounces from here, maybe in an uptrend again. the upside targets maybe 2350 or even more ( you can see the previous broken support retest behavior ).
The best entry price is as near as possible to 2150
If breaks down from 2150 for a couple of days, then the bullish view will diminish.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
The stock comes near its five-month-old support trendline. If bounces from here, maybe in an uptrend again. the upside targets maybe 2350 or even more ( you can see the previous broken support retest behavior ).
The best entry price is as near as possible to 2150
If breaks down from 2150 for a couple of days, then the bullish view will diminish.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Note
On the way.Note
Keeping up the pace.Note
Today CMP 2361, trading in a crucial price range. If breaks down, may come to 2290. If breaks upside 2375, can go to new highs.All the best.
Note
Towards 2500.Note
Reached 2500.Note
Reached 2670.Trade closed: target reached
Finally touched on the trendline. Reached 3500.
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