Only for educational purpose.Not a recommendation Stock is from petroleum product sector. Stock bounce back from its support level. Seems to be a movement towards lower level in short run. Expected to break support level.Majority of the shares are holded by promoters. Almost debt free company. Also delivers good profit . Can expect a good movement in long run .
Trade active
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Broken first support level .Tested and bounce back from second support level.
@HR2526, Closed @ a strong support point. Waiting for next days close. If support is broken then next support seems to be @ 235 - 240 levels otherwise if it bounce over from this point , next resistance seems to be @ 335 -340 levels .
Is it good to hold ?