As observed on the chart, the price action reached to monthly level support zone, stayed and made a double bottom followed by bullish divergence, indicating a strong pullback from current levels.
As per my analysis, it may move up to the following targets
T1- 2000 (1:2)
T2-2200 (1:4)
SL- 1500
Kindly do your due diligence before taking any action.
Thanks
As per my analysis, it may move up to the following targets
T1- 2000 (1:2)
T2-2200 (1:4)
SL- 1500
Kindly do your due diligence before taking any action.
Thanks
Trade active
Going wellTrade closed: target reached
Target 1 reached Now the stock is up by 20%
Booked Partial profits and changed stop loss to 1850 to achieve T2.
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Related publications
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.