Planning to enter intra-day with price level mentioned in chart aiming towards
Enter above 975 (Post confirmation)
TP - 980, 987, 993, 1000
Sl= As per risk appetite
momentum also showing the way
Trading strategy already mentioned below:
This is a channeling stock with an upward tilt. The stock’s price action is being controlled by two parallel . Price follows the path of least resistance in an , which is up. Upon reaching the lower , the stock bounces until it reaches the upper , which acts as resistance as well as a profit-taking zone. Trading an in the most effective way is through buying dips to the lower for short-term bounce plays, or by waiting for a downside breakout to occur before short selling.
Rest in chart