a strong retracement ahead !!!
At the price Rs.240 has following confirmation for strong retracement zone...
1. It act as Strong support ( in 1day time frame).
2.It acting as trend line.
3. finally 61.8% level of Fibonacci.
If the price reaches this level (rs.240), wait for confirmation candle .then enter into it, before that do your own...
buy above 245 in intraday and swing trade
keep stoploss below 228 in swing trade
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per...
Their Japanese Subsidiary has been desisted from JAPAN, as it was the loss center for the group.
~ Market is punishing this brutally.
Best thing for us in this, is that we have entered in the right time, i.e., even after the 17% fall, we are having around 45% return from this one.
They have strong new age product to be launched this quarter, In India &...