t is SWING TRADE for more than 10 days.
The stock has come to its daily support zone . the zone is from 770 to 780.
As a trader we should cumulate stocks around this prices. A stop loss of 765 should be placed
A target 1 is 890 and target 2 is 950 which is 20%.
These a fib recrement ratios .618 is 1 target and .312 is 2 target
Trade will begging only after a pullback.
This is educational purpose.