ROSSARI BIOTECH LTD Positional Trade.
Updated
ROSSARI BIOTECH trading at or Near demand zone so can be a good positional pick at CMP as 1190 level is acting as a good support level for now or can go with buy on dip strategy till 1155-1147 zone. also keep watch/eye on triangular pattern breakout on either side. would suggest to go long with a strict stop-loss below 1147 level (exit only when one day candle closes below the 1975 level)
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
Trade active
As said Got entry at 1155-1147 zone.if anyone missed entry can still enter at CMP which is around 1170 right now (while I'm updating this idea). I'll keep you updated if anything happens.Trade closed: target reached
Currently trading at/near 1355 level would suggest to book 50% of holding and keep/hold the rest. If manages to close above 1348 level one can make a fresh position here at these current levels.
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