Chart is self explanatory.
But for the newbies - Till we hold above the axis we are good to buy, in case we break it and couldn't sustain above it then the scrip might fall towards 340/325 levels.
If holds above the axis, look to buy till the liquidation zone marked above, where we could see the liquidation and the fall of the scrip towards 380. But it is a long way to go, and with no prediction we will just focus on 400 level above the axis and below the axis 340/325. Nothing much to be complicated.
When it touches the zone around 400, then we will see what could be the further target. I have mentioned that level a bit early because in case I do not update on the scrip for some reasons, you will remember these levels and trade accordingly.
Regards
But for the newbies - Till we hold above the axis we are good to buy, in case we break it and couldn't sustain above it then the scrip might fall towards 340/325 levels.
If holds above the axis, look to buy till the liquidation zone marked above, where we could see the liquidation and the fall of the scrip towards 380. But it is a long way to go, and with no prediction we will just focus on 400 level above the axis and below the axis 340/325. Nothing much to be complicated.
When it touches the zone around 400, then we will see what could be the further target. I have mentioned that level a bit early because in case I do not update on the scrip for some reasons, you will remember these levels and trade accordingly.
Regards