Description
⋅ The Scrip is in an ascending channel pattern bouncing from the lower trend line and 200 EMA.
Why to buy ?
1. Support at trend line/parallel channel
2. 200 EMA Support
3. 0.786 Fib retracement coincides with 200 EMA & Trend line,
Buy @ 1130-1170
Stop Loss - If it falls below 200 EMA and stays below it.
Traget - 1500/1550/1600