Crossed resistance of 230 level ,gone up to 264 , presently retracing and if it get support from 230 level again ,may be considered for long, a good triangular pattern could also be seen from the chart , other safe option for entry could also be sought after breakout and retesting from triangular pattern ,in that position following are recommended entry,exit and stoploss points
Entry (for now) - 230
Stoploss - 227
Short term target - 264
If considering after triangular pattern breakout
Entry -260
Stoploss - 257
Target for long term -600
Points to note -
Earning release on 26 oct 21
Rakesh Jhunjhunwala has invested in this stock
Trading in securities subject to market risk , above idea is just a assumption of probable move seeing chart pattern and price action , Market can move in either directions , ultimately Market is the BIGG BOSS, hence use your check points and indicator before taking trade , always limit your losses by putting stoploss triggers.
Happy trading
Entry (for now) - 230
Stoploss - 227
Short term target - 264
If considering after triangular pattern breakout
Entry -260
Stoploss - 257
Target for long term -600
Points to note -
Earning release on 26 oct 21
Rakesh Jhunjhunwala has invested in this stock
Trading in securities subject to market risk , above idea is just a assumption of probable move seeing chart pattern and price action , Market can move in either directions , ultimately Market is the BIGG BOSS, hence use your check points and indicator before taking trade , always limit your losses by putting stoploss triggers.
Happy trading