The stock has given a 3-month old trendline breakout and close above 20 EMA. It's making an ascending triangle pattern and testing it's strong resistance zone.
Buy above 105.85 level (intraday for 0.7-1% move) and positional for 3-5% move on day closing basis. In case there is rejection from the level due to weakness in BANKNIFTY then don't carry the position.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Buy above 105.85 level (intraday for 0.7-1% move) and positional for 3-5% move on day closing basis. In case there is rejection from the level due to weakness in BANKNIFTY then don't carry the position.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
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All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.