Stock is at a critical point where it has held its 20 DMA support and at the verge of breaking out of the channel. A good entry point with 52.5 as SL for targets 65.5/79/97
Possible resistance levels have been mentioned in the chart.
Disclaimer : For study/discussion purpose only, not a trading recommendation.
Possible resistance levels have been mentioned in the chart.
Disclaimer : For study/discussion purpose only, not a trading recommendation.
Commento:
suggest SL breached, fresh trade only above 58
Commento:
Formed double bottom at 50.4 and headed higher