RajaSekharVelisetti

BETTING on multi year support. Risky

Long
NSE:SYMPHONY   SYMPHONY LTD
Trying to bet on multi year support.
Jun 20 - Dec 20 - Consolidated and moved up
Jun 22 - Dec 22 - Consolidated and moved up
May 23 - ? - Consolidating. Will it move up to fill the gap at 1070 or the support becomes weak?

I do not understand if there is a pattern suggesting up move. Betting on support based trading is risky.

Investing profit from other trade into this. Investing only the amount that my mind is okay to loose.

Adding at current level and will add at 820. if it breaks 815 - EXIT. Planning for a target of 1070.

I am learning. if you find mistake or want to share your view , I would be happy to learn.
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