Description
⋅ After good long correction this stock is showing strength.
1. Earlier resistance of 390 levels have become support.
2. Good buying volume
3. Retest of bullish super-trend
SL being 17% qty needs to be controlled.
However considering RR ratio of 5 I would keep it on my watch to buy on dip.
Target and SL on chart.
Comment
⋅ Giving good opportunity to go long with small SL.
If it makes new swing low nr 440 level it can be new SL
Trade active
⋅ entry 453
SL 400
Let's wait and watch
Comment
⋅ at 400...
will it reverse from this level.?
waiting for weekly close
Trade closed: stop reached
⋅ SL hit...
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