MESTRON trade ideas
Long Long Day for Mestron.Rejected Resistance twice at 0.23 zone
rejected support at 50% Fibo retracement at 0.14 . looking for long position for this counter .
target of 0.23
next resistance is 0.195
target for 2-3 month MT trade . EP 0.155
Uptrend for MestronBase on previous retracement price manage to hold at key support level at 0.14 with a nice rally retesting resistant area 0.20 completing small elliot wave of 1 & 2. With current scenario new support established at 0.195 & 0.210 level expecting further uptrend wave 3 in the making with new high target at 0.275 level.
