My recent trade analysis have gone pretty well. There is lot of noise around which wants us to believe that market is going to crash but at least till now I cannot see any signals like that.
So here I have found a stock, that has formed a W bottom pattern which is a bullish pattern, has good long volumes, and delivery data is also convincing.
It can be traded as follows:-
CMP, Entry price: 640, Target: 717 SL: 620
Happy Trading!
Disclaimer: My trading ideas are primarily for education purposes. Please do your research carefully before investing.
PS: I am not invested in this stock and neither I will be trading this idea.
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