At channel bottom With Simple cloning of resistance line, I made a complex channel to gauge the supports. Fundamentally, strong stock: DII, FII increasing the stake Once the daily candle closes above resistance red line, it will be active to BUY Now just add in watchlist
Fundamentally, encircled are the areas to focus. 1st area of 2020-21, 2nd area of 2022 and third is 2024 Net profits have gone from 6756 to 10276 TTM from 2020. This suggests a TIME CORRECTION Currently price came at lower line of those zones Accumulation plan: Add quantities in downside At 2300, At 2245, At 2180, 2110 2050 Holding period 3-5 years as it's bluchip
Sell trade Expecting 150-145 in coming days. Volumes shrinking...
various levels marked in chart for swing purpose! Note RSI divergence on weekly TF
Investment in staggered manner: Accumulation zones: 32.95, 30.5, 27.4 Ultimate buying zone: 22.8 to 20.15 Distribution zones: 48.4-51.5, 56 - 60. Look for RSI divergence on weekly TF