1Day chart we saw bullish MACD Crossover and RSI over 50. Ichimoku analysis shows bullish sign for this stock . Go long with SL 108.50 closing basis. and target T1= 117 (0.78fib) T2= 124 My analysis only based on TA not fundamental.
Note
Now this upside move change Sl to 110 closing basis.
Trade closed manually
face resistance @114.57.one can exit today and re enter after a certain correction. exit @114.45
thank you .
Note
to minimize overnight risk i close the position yesterday but today it made a high of 117. so we can enter the trade @113.7 Sl 110. tgt 2-3 rs .
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