The chart analysis based on support, resistance, ema and fib.
- price respecting the 200 ema - resistance at fib 50% and area of confluence in weekly chart - enter above supply zone
entry above Rs 54, stop loss below Rs 52.50 or 5%, target Rs 62 or 15%
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strong buying in last 15 min.
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Price near support level, wait for confirmation for any long position.
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keep it on watchlist, huge volume surge i.e., 5 times X Average Daily Volume