Strong support at 460 taken, can expect up move with short term targets of 540 (Previous High) SL 440. Risk:Reward = 1:3.
After a steep rally, stock has taken a breather and is trading in range-bound fashion, with lower volumes, signalling a low volume pullback. As preceding sentiment was bullish, can expect stock to reach higher levels above 44 - 46 - 50. SL should be kept at 41. Red Line shows bearish trend over past 2-3 years. Green shows long term support line. Light blue is...
Stock has moved out of long bear trend and has started moving upward. Key levels to look out for is 15. If stock sustains, then can look for higher targets.
Stock had been following trendline for past two weeks, broke the trendline on 25th November. Trendline retest today, if acting as a resistance then short the stock with targets of 93 - 88 - 85 ++.