After a 19% fall from last month . the price is now residing at its core support . can consider about going long but only after proper confirmation . a 2.5:1 RRR will be fine!
go long only after the confirmation . an engulfing candle can be expected as a green signal . go with a wide stop loss setting as for some time this scrip looks a bit volatile
I think today the market has made a good U-shaped recovery as seen in the index chart . hope it turns out well!