Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
In the previous idea, we captured some points upside which was our first target, it coudn't sustain above our TP1 and cracked again.
The scrip seems to be weak and soon the support can be breached falling further down towards 588 levels.
Regards
Cup & handle pattern with trend line BO.
Target is choose based on multi-time frame resistance zone. Want to leave a slight below resistance level
All information provided on chat
Reasons to BUY:
Good Volume
Formation of Inverted Head & Shoulders
Price is heading towards the Resistance of Parallel Channel of Daily TimeFrame
The chart looks attractive with the confluence point
Relative Strength is above 60
Enter when the price breaks the confluence point.
Exit when the price breaks down the support trend line ( green Line)...
