Industower trading at 247 , earlier 247-250 was a resistance for the stock, now it will act as a support + It has support of the Trend line as well ...so, we have it at two important support-((Buy at 245-247 for a Target of ₹268-270
With Stop Loss at 238)) {{Risk/Reward=1:3}}
Trendline breakout after 4 years. Good buy after retracement to 252
T1:280- Holding period: Short term
T2:313- Holding period: Medium term
Note: This is for educational purpose only
The counter is showing wild moves to either side.
4h chart and daily chart showing opposite trends
Not adviced to trade in the counter as of now....hold horses
its been broken the long term downtrend and form new higher high and higher lower, obivousoly it is in an uptrend and its target will be 400 for short term trade and stop loss will be 190
NSE
