The scrip might take bullish reversal after downtrend with formation of bullish harami candlestick - The bullish harami is a long candlestick followed by a small body that is completely inside the range of the previous body and which marks higher probability for reversal
Planning to enter intra-day with price level mentioned in chart aiming towards
TP = 820, 825, 830, 840 and beyond
Sl= 808 (As per risk appetite)
Might also aim towards short call for higher highs of ascending channel if the bullish momentum continues with Nifty supporting the trend
Planning to enter intra-day with price level mentioned in chart aiming towards
TP = 820, 825, 830, 840 and beyond
Sl= 808 (As per risk appetite)
Might also aim towards short call for higher highs of ascending channel if the bullish momentum continues with Nifty supporting the trend
Trade active
Comment:
Price level - 817 is the resistance level which the bulls should manage to breakout to reach the desired TP till 835, 840 and beyond (Intra-day)
Comment:
Touched 839 Price level as anticipated after crossing prior resistance level
