Very similar setup to Bajaj Holding and I expect huge momentum in the coming sessions. Expect one daily candle of 3-4% in coming sessions. Using your risk management and trade setup, compare and then decide on your own, whether you should take the trade or not. Nice price action as well as supply is visible on the chart in the form of a inverted hammer
candle on 1hr chart. Again, do not forget to follow me for such beautiful, high probability setups. If the broader market is bullish
, then this stock will also rise higher and not fall, but the momentum is what I expect to be huge, so you can take advantage with your trade setup and strategies.
This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in market
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.