The upper horizontal line marked as sell zone(marked in red) should act as the stop loss for shorts. The value of the upper horizontal line is at ₹1380/-The minimum target should be the lower horizontal line marked as buy zone(marked in blue). The value of the lower horizontal line is at around ₹1330/- The stock is very weak please don’t try to buy even at the buy zone marked. It has been marked for covering shorts. If the lower horizontal line breaks then you can carry your shorts with a trailing stop loss of the lower horizontal line.
Trade stängt: Stopp nått:
One can go long with a stop below 1380