As shown on the charts, the stock has been forming a rising wedge pattern for quite some time. This time, trading at the lower levels. if bounces, may be bullish for some time. MACD also shows a possible crossover. The Setup fails if sustains below 4140 for two days. The important thing at this point is a good risk-reward ratio. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
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Current price 4180. May be a good price to enter according to setup. All the best.
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Current price 4230. Gaining pace.
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Solid move. reached 4410. stay tuned.
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Near to the first target of 4470. Keep tracking.
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270 points up from the idea created. Let's see ahead.
@maalathijagan, We projected the target price at 4470 and 4610. it reached 4575 from 4200. What else do we want? As far as trading is concerned, I closed the trade around 4460.
AMIT-RAJAN
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Superb setup mate, thanks for sharing this publication
anandlive
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@AMIT-RAJAN, Thanks for your appreciation, brother.