a good bounce from its strong support of 139 lvl can be seen on chart, can be a good positional pick for mid term (5-6 week), can buy at CMP with a strict stop-loss of 134.00 lvl (only on closing basis). may show 155, 160,165 and ultimate target of 184 lvl.
THIS VIEW OF MINE IS PURELY BASED ON TECHNCALITY OF CHART, BEWARE OF NEWS.
THIS VIEW OF MINE IS PURELY BASED ON TECHNCALITY OF CHART, BEWARE OF NEWS.
Trade closed: target reached:
Target achieved and can close the position or wait for the ultimate Target of 184 level, Expect a good upside movement on closing above 163 level.
Comment:
If 1d candle closes above 168 level , can go for new position/fresh positions.
Comment:
Suggested earlier to go long on candle closing above 168 level, crossed 184 level too and can go for the 194 level as a final target, will revise once it gets crossed or candle closes above the level.
Comment:
As told in recent comment on this view that 194 is the final target. Would suggest to book 75% of your holding and hold the rest.