INTRADAY/SHORT TERM- NOTE DOWN THE PRICE LEVELSHi,
fellow traders,
here I have marked important price points which I suggest you mark and watch the stock.
I will list them down on 4 Grades, Grade 1 being the strongest and Grade 4 being the weakest.
Grade 1 Support - 257.4 , 254,3, 234.9
Grade 2 Support - NA
Grade 3 Support - 250.2, 243.75
Grade 4 Support - 252.9
Grade 1 Resistance - NA
Grade 2 Resistance - 265.4, 271.5
Grade 3 Resistance - 262.8
Grade 4 Resistance - 258.7
So, what to do ?
As of now,
Go long,
CMP : 258.6
Keeping Grade 1 Supports as SL , ( 257.4 , 254.3 )
and Grade 2 Resistance as Targets . ( 265.4 , 271.5 )
Why so ?
we are going long;
we have strong supports at 1 Rupee and 4 Rupees, below us.
we are targeting weaker resistance which is 7 Rupees and 13 Rupees, above us.
Rest, I'll be updating what to do as action unfolds.
You can follow me or star this idea to receive updates.
( I'll try to update real-time)
Thanks.