Buy at CMP 120 with SL 117.5. Low Risk High Reward.
Simple price action works. The price moved towards strong FIBO and Trendline support on 15 mins chart.
The stock looks good above 138 forming a flag and pole pattern on 15 mins chart timeframe.
*Only for learning purpose.
Throcare has been analysed on a 15mins timeframe chart. As per my analysis which I term it as "Advance Analysis" Thyrocare is likely to form a 'W' pattern.