After Bonus issue share last week & Evergrande crisis correction, strong bullish candle formed with aMorning star pattern after bounce from support. Can reach 915- 1065(ATH) in a few sessions. Moving in a strong upward channel.
On friday, a bullish Engulfing candle was formed followed by a solid green candle today EoD. RSI is showing good strength & good breakout with string Volumes as compared to previous 5 days. Long initiate above 81.4 with a target price for Rs.86(T1) & then Rs.90(T2). SL would be Rs. 76.5
Friday closing was above Rs. 600. So long for a target for 650 in a few sessions.
Good reversal on Support. Levels to watch out 300-310-315-320