After showing wide movements, Now Britannia is narrowing its range which doesn't suits its nature Target on upper side is at 1340 and downward its near 1260 but as usual, if you wanna play risky then buy at lower lip of mouth of triangle for a 2% move
As asian paint continue rising in such market also making all time high now most of positional trader don't know which position to take as per weekly chart view a closing below 1620 on week closing basis will take this share toward 1500 and 1450 so be cautious before taking long position One more think which i notice is that rsi is moving toward over bought zone...
For full session of yesterday, Amarajabat was range bound between 614 and 605 so I am expecting it to break this range today. Try it with tsl based script on 3 mins time frame. -trade.ajeetsingh.net
Indigo is showing a good upside move for past 3 days with resistance at around 1485 so for today lower the timeframe to 3mins and apply any tsl based script and ride the volatility In case you dont have any tsl script then apply supertrend. -trade.ajeetsingh.net