Going through a accumulation phase after a recent up move. Strong weekly resistance at 90 levels. Has FIb retraced 61.8% from lows.

Oscillators, moving averages are all positive across all timeframes.

Charts are for personal trading purpose.
Trade active
Trade active: Entered at 82
Trade closed manually: Exited for now and will take a entry around 85 or lower than 80. Slow moving stock. Just booked a nominal profit
Comment: if it holds above 85 in the first one hour today, will buy into the counter.
Comment: Entered at 88 ( its near its long term resistance level of 90 )


What about first target ?
Srivis125 aravindnc
@aravindnc, it moved a couple of bucks up. My entry would be at 82 and target would be 88 for the first one.
aravindnc Srivis125
@Srivis125, Thanks. I've entered at 83.75 couple of days back. Since then it didn't give any good move except today.
Srivis125 aravindnc
@aravindnc, its given a bullish reversal candle today on daily charts. hoping it will sustain that for the next couple of sessions. the weekly resistance is 88
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