As per last update suggested an hour back on previous idea mentioned below (DrReddy- Dramatic Selling from 5400)- avoid selling if stock holds or crosses back above 4400
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Trade active: 12:06 Hrs / 2nd Feb2021
Last @ 4406
Avoid sell if it...
Recap from Last Idea-
Bottoms picked in 2400-2425 (Support Zone) suggested @ 09:46 Hrs / 25th Jan2021- continue...
Structure unfolding as expanding structure with key level- 2530 (suggested in last idea) & critical level-2408
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Trading Strategy
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Plan A -
Buy Above 2735 for 2850 & strictly...
PETRONET | Flag formation , looks good for 24%
CMP : 256 (Dip till 250 as we have recent Flag support)
SL : 245
Target : 280, 315
1:3 risk reward setup for first target
(Attached weekly chart in comment section for the second target view)
