Successful Round Retest of Monthly Trend line and Strength is strong with Buy position. Entry and Stop loss as shown in chart.
Buy Near 2000-2020 Stoploss 1950 Target 2250-2300 Reasons For Trade-1. Price coming near to support after good breakout 2.1970 is strong support on daily+ Monthly Chart 3.50 days EMA support near to 2000 levels on 4 hour chart 4.Fundamentally Strong Company 5.Risk Reward 1:5
With the news of HDFC AMC providing liquidity up to 500 crores to FMPs, the stock has fallen 6% at a point intraday. Price has temporarily bounced off from 38% FIB of previous swing. That level also being round number of 1800, it could well act as a support. Do notice the rising trendline. Chances are that the candle close could be above the trendline. Hence, it...
Prefer to Buy to any dip around 206 (Upto you to wait for the dip or enter now, I would wait) Target 230 SL 189 1. Bollinger bands bullish expansion with OBV confirmation 2. Last month HDFC mutual fund bought 10.60 Lac shares at avg price of 184 3. Currently in new highs territory
After its listing a couple of weeks ago, it made a nice round bottom, and resting the previous high levels. Awaiting for a breakout/Reversal