Although the chart is self-explanatory, Yet to see in the coming session, if the stock retraces up to around 7200 levels, then it will be a good price to enter in a long position. This is learning and sharing purposes, not a bit trading recommendation. Please comment with your views. All the best.
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The stock is moving within the given range, On 15.12.21 it didn't cross our stop loss of 7652. Today on 16.12.21 made a low of 7410. Still to see ahead. Wish you the best of luck.
Trade active
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Analysis proved correct in an exceptional way ( it happens rarely). The stock didn't cross our stop loss of 7650 and came down to our target of 7100 levels. Not only this, as mentioned in the idea (short & long set up), it bounced back to 7300 levels the same day, today. let's see ahead. All the best.
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Towards target
Trade closed: target reached
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The stock reached our target of 7800 levels. This was the most interesting analysis I have done in the last 2-3 years. By God's grace, it is proved right. I am thankful for this Tradingview platform also where I could learn more skills from many traders. All the best for your trading journey.