The stock is in downtrend but now showing sign of reversal. It has formed a 3LR pattern at significant support zone. RSI is also coming out of overbought zone. It seems to me a good trade setup with affordable stop loss. One can buy the stock for a target of 262 by providing SL of 236.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade closed: target reached
