Keep on radar! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
If it breaks below 50 EMA on 30 mins chart and sustain then it can go up to approx. 162 with stop loss of 182 and further down to 155 & 145. if it respects the 50 EMA on 30 min chart then it go up to 182 with stop loss of 162 and above 182 it would create new highs. At each support or resistance watch for candle stick patterns like continuation pattern or...
Play Safe Here Near Breakout Macd Showing buy signal as well. Accumulate when it's come near to stoploss but 50% what you are thinking. It's a positional stock play smart.