Sterlite Technologies is looking good for short term. The stock has not fallen after March 13. It is also showing momentum for last 4 trading sessions.
Risk reward is not attractive. Still this trade can be entered in the range of 73 - 80.
Risk reward is not attractive. Still this trade can be entered in the range of 73 - 80.
Trade active:
Did not enter this trade. I'll wait to see how it consolidates for couple of days.
Trade active:
Gained today. Stop Loss moved to 66.40
Trade closed manually:
Trade closed. No momentum