Broader Trend: Flat
Breakout above: 2123.70 (marked in Black line)
Breakdown below 1473.45 (marked in black line)
Red Line indicates the near term trend, which is still positive, therefore with a strict stoploss (blue line) of 1587.00 on closing basis buy the stock with an immedicate target of R1 marked in black color 1758.00 and R2 1855.00.
Oversold zone for near term will get started above 1927.00 and will be active till 2123.70
Disclaimer: Kindly treat this article as an educational purpose and consult your investment advisor before investing. For any feedback/quries you can reach me at ravinathani@gmail.com.
Breakout above: 2123.70 (marked in Black line)
Breakdown below 1473.45 (marked in black line)
Red Line indicates the near term trend, which is still positive, therefore with a strict stoploss (blue line) of 1587.00 on closing basis buy the stock with an immedicate target of R1 marked in black color 1758.00 and R2 1855.00.
Oversold zone for near term will get started above 1927.00 and will be active till 2123.70
Disclaimer: Kindly treat this article as an educational purpose and consult your investment advisor before investing. For any feedback/quries you can reach me at ravinathani@gmail.com.