Today stock open gap up for 7405 & made high of 7640.. previous day close was 7202.15
* Since 4 weeks price trading between a range .. support 7430 (pivot) * Currently stock in downtrend. * Today strong pullback happened. * Also there is an Acquisition news related to Industrial gas supply assets (agreement with Tata Steel) may benefitted to the stock. * See the strong breakout of trend line * Also strong volumes. * Rsi also inclined. * Long trade can be invalid below 6700 if it breaks decisively.
*** Can be a short term bet.***
It's my view. No buy or sell recommendation 🙏 plz DYOA
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