will buy ASTRAZEN because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting.
Entry : 3116
Target : 4700
Stop loss : 2880
Here is my educational analysis for ASTRAZEN . I followed a simple support and resistance strategy for previous weeks. On daily basis this stock shows a bull flag momentum strategy and creating a new support zone . Do share your feedback on this analysis as that will help me to tune my study further.
I don't use any pre-built indicator because it is too confusing...
