The stock has formed Broadening Formations, Right-Angled and Ascending pattern and one can buy on the touch at horizontal line. There was Bullish Engulfing on 13.06 and it trades above the next day showing strength. Stop Loss is of one bar is affordable.
RR Ratio 4
Disclaimer : All ideas and comments are my personnel view. Please ...
Scrip closed up on a massive selling day triggered by uncertainty in GOVT. Formation in Karnataka. FIB support also seen. Low volumes in this scrip usually, but not always, indicate instituitional buying. Caution: scrip is thinly traded mostly by instituitions.