1)On daily Time frame It made double bottom pattern and gave breakout on 2-9-2021 and on 3-9-2021 it made bearish candle but closed above the breakout level.
Please refer below chart : daily time frame.
Trade Setup for Date 06-09-2021:
It looks like its about to start Wave 3 which should take it to 300+ and later to newer life time highs.
One can accumulate it at CMP 170/- with very conservative SL of 110/- and it shall give good risk reward opportunity.
Intraday / Swing Setup: Looks good above 126 with confirmation on 15 mins for 136/146+ Keep a tight SL of 123. Good risk to reward ration for traders. This is following a very strong chart pattern.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
on daily char mm fin has made out side bar and also this setup is made under big candle
this entire setup is below 68% fib level.
buy this stock @253 with sl of 246 closing basis target of 271 then 290