HAS the chance to go both sides so we will look out for a proper trendline breakout or a 15 min retracement to go long for 1 hour retracement
when the trendline is broken..buy when it has retested the trendline .keep your stops below the demand zone. Target mentioned in the chart
Good stock for investment purpose Refer chart for details
AS the stock is travelling in a parallel channel in a 1 day time frame.It has reached its high.Now has to come down.so the marked area is the down trend (1 hour)retracement and a resistance level .we will see what happens!!
short if one day candle closes below 959 and it can travel till 935.THERE is a support as well as a neckline so if it further breaks there u can carry the position to the next support 913 or you can add some shares.after it reaches the 913 mark there are chances for the stock to move up due to previous trend line.