Trading can be done with scalping strategy between the top and bottom of the rising channel.
You can only short till it reaches support levels. Do not average and a reversal can be expected at the support levels
Wait for it to correct after this parabolic move if you don't want to loose money. It will rise definitely but you might get caught in the correction and get stopped out. SL 297
Risky gamble but might be profitable. Target 7.62. SL 3.82.
The scrip has not tested any support level for a long time. Sit back and wait for it to test 378 as there is a trend reversal. MACD shows reversal in trend and Stockh RSI could not do the bullish cross even though its oversold. Short the stock if you're holding. Spinning top, shooting start (follow white arrows) and bearish engulfment (red arrow) pointing towards...
It feels great to watch when technical analysis gives fruitful results. Getting rejected from the trendline as of now. Check the link
You may enter now or wait for it to correct till 114. But that is quite unlikely. I would suggest keep 114 as SL and target 182, 263, 344.