it has multiple resistance/support points on weekly chart at 300. breakout at this level will give potential to reach 390-400 levels. watch-out for breakout on daily chart at 300.
it is trading in a ascending channel, after making a recent high near 300 it has retraced to 220 levels and again moving towards 300 level.
RSI is inch closure to 60 level on daily...
jbma buy it has done breakout of our trend following tool buy signal candle if you dont now about trend following tool -following-tool is down is related ideas
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On WTF there was Bullish close with stong candle and increased volume. since last 7 weeks price is printing within ascending triangle pattern. Price is printing at the supply zone on DTF at 235-245 level and made several attempts to breach this level. Suitable entry may be made once it has able to break out this level on Hrly TF and may take pull back from this...
JBMA buying Movement we can see @207-195 & stop loss is @187.00, Target is as per Reward:Risk ration 2:1 or as per your comfort. at this level there is a more probability to start rally for short period if global cues and underlying sector in favor.
2nd level is @152-135 for best fair price for Long term Investment purpose only & stop loss is @125.00.
