pullback from 50 ema thats in good sector stock and after price contraction.
good accumulation, VCP pattern u/d ratio more than 3 sellers exhausting. accumulation going on around 50ema 21ema going towards 50 ema with changing angle sl is less than 8 percent, which is reasonable for positional type trade. one big volume bar might reveal accumulation. buy if stays above 1900.
NSE:GODFRYPHLP buy above 1811. Sl below 1710 AVWAP at 1752. can be taken as tight SL
good to buy above near resistance line. for long term view
above near resistance. despite all the news nifty stocks heading higher. its long oppurtunity from investing point of view.