Just shot out of falling trendline with positive Stochastic divergence on Hourly charts. Signalling positive in near future. Aggressive traders may enter at current price while other can wait for a pullback. Short term resistances# are highlighted So manage your trades accordingly.
Thanks #Consider resistance levels as zones and not absolute values.
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The stock gave a nice buying opportunity in 515-517 zone. Currently the stock seems to be trading in a range. Those who bought near 515 and 517 should put their stops at 509.80 for the targets of 528 and 540.
Trade closed: target reached
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Target 528 hit. Those who want to play further should sell partial here and trail the rest with TSL @ 521 for current rate.
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Expecting pullback to 524-526
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Got the expected pullback..right?
Trade closed: target reached
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Those who would have followed and kept it for second target would be happy.