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Buy abv 970 for a tgt and stops as per chart
Buy 930 SL 870 Tgt 1000
bearish open & close on monthly chart
One can time the entry at fixed lines - Muthoot capital is so far respecting the lines.
The stock was respecting 50 day Moving average mutiple times and it was trading above its 200 day moving average. Took position on 30th MAY 2018 @ 920.
The next few days were very tough at it was reaching my SL of 797 ( previous swing low).
The stock again respected the 50 Day moving average and is moving Up now . Revised SL is 990 now.
BUY range 920-935
SL below 890
For educational purpose only
Position - Long
Entry - 650
Targets - 657 / 664
Stop loss - 641