This trade is based on Exponential Moving Average (9 &15) considered in the Weekly Time Frame. A trade can start at the current level (Entry between 795 to 780). Maximum risk to be considered is 5% to 6%. However a strong Candle closing below 740 level will indicate EXIT from the trade. The stock can show upward movement as below: 1) 1st Target is 20% from ...
Stock is being accumulated Near ATH. Price movements are within a very small range. Short Term Target : 1st Target ( around 20% upwards from CMP: 552) Short Term Target : 2nd Target ( around 50% upwards from CMP: 552)