for last 2 weeks, whenever there is a rise in price, there is a rise in volume; indicating interest.
change in structure from LL to LH to HH.
SL = 330 or 370 depending on your risk apetite.
Once 435INR is crossed, Target could be IPO price = 500 INR.
RR is good.
change in structure from LL to LH to HH.
SL = 330 or 370 depending on your risk apetite.
Once 435INR is crossed, Target could be IPO price = 500 INR.
RR is good.
Note
booked my positions at 445 INR. trade closed. profit taken 15%Trade closed manually
Trade active
21Jun21: Trade could be re-entered, as the stock took support at 50EMA & trendline (pink line) on daily basis.SL = support line @370 INR
Target = 500 INR.
Note
19JUl21: Look at the volumes for the last 3 days ie; very huge. Good Accumulation going on.Change in pattern of stock to round bottoming.
Target could be raised to 600 INR. But, let's wait for target 1 ie; 500 INR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.