DEEPAKFERT may experience some turbulence with 380-370 being a resistance and gap down zone!! One can still ride if entered at lower levels with a stop of 340 for a target of 440-460!! New entrant can enter on dips with 340 as stop or on break abv 380 closing!! Good thing is it has taken support on 100 DEMA and bounced with a strength candle, chances are it will...
In weekly, price at horizontal support zone and hidden bullish divergence formed here.
In daily, regular bullish divergence formed here.
current correction retraced around 50% of previous rally.
sl - 273, tgt1 - 363, tgt2 - 470
Stock pattern is looking good but still waiting for buying trigger. Stock forming bullish BAT pattern exactly at FIB price cluster 175-179. As long as stock hold this zone we can see up move for given trgts.
Here I must say " Patience is the key of successful trading ".