The price movement are captured nicely by the pitchfork
. After breaking the ML it has retested it and now bouncing from the ML so price may try to touch the upper Median Line
in due course. One can initiate the long trade here with the target as UML.
Entry : 924
Sl : 919
Target : 940
Risk/Reward : 2.5
Disclaimer : All stock recommendations and comments are my personnel view please take financial consultancy for trading decision.