138 3
stock has been moving in channel . tested thrice in 3 weeks channel lower line and gave a significant bounce .after a doji candle this week we saw a confirmation candle closing above doji high.

short term trader can buy with 88 sl for 95
positional trader can buy for 100+ target with 85 sl
.long term view
I liked your analysis
Macd had just crossed signal which is another positive
With weekly bullish hammer and bullish engulf candle
I have 100 ce @ .90
My target is 4 +
Analysis looks cool, i would have jumped right into the trade if it would have been less than Weekly Timeframe ;) Great post!
@RJUN, haha cool but positional gives big money in short buy n hold gives big target and moreover chances of failure is very less.
+1 Reply
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