It is been observed on the daily chart that the price action is bouncing back up to fill the previous gap down levels. It shall further climb up. It is positional trade setup can go long for weeks.
Target 1- 535
Target 2- 550
Stoploss: 515
Handel aktiv
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Handel aktiv
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Moving up steadily.
Handel aktiv
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Handel aktiv
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Trade stängt: målet nått
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Target 1 reached successfully.
Handel aktiv
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Trade stängt: målet nått
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The price action has already touched 550 levels but could not update it on time.
@NeeteshJain, Could you please tell crucial support zones to watch out. Thanks a ton in advance.
abhinavk31
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Hi neetesh is this trade still active for 550? Or shud I book profits thanks
NeeteshJain
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@abhinavk31, The price action has already touched 550 levels on daily chart, and now, you may hold it till 532 levels on closing basis to retest 550 levels again.
abhinavk31
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@NeeteshJain, thanks for your reply. Can we say this stock is bullish in medium term. Is it worth holding for next 4-6 months?