As you can see , it has already broken its few times(unlike JSW and TATA Steel as they are strictly following the ), also the momentum increased creating a . So we can expect a good spike in upcoming days.(Can be a swing/positional trade after few days)
FOR INTRADAY TRADERS( only for 31-05-2021)
1- It was totally last day and CREATED A (could be a sign of reversal) as last candle (on hourly frame).
2- Also , since it came again to support, so it can jump again as momentum is increasing.
LASTLY ITS UP TO YOU WHETHER TO TAKE A TRADE OR NOT, BUT FOR A SAFER SIDE, CAN EXPECT A PROFIT OF 4-4.5 Rs per share.......
Happy Trading ..... :)
may go for consolidation for few days..... and then breakdown will happen.
IF i get any idea, obviously i will inform in advance so you can book profits.....
I recommend swing/positional over intraday.
Happy trading :)