risk reward is decent. l stock is taking support from this zone. lets see if it goes up or breaks the support. If it forms W pattern then probability will be high
stock is showing reversal it has formed W pattern entry 1300 target 1720 sl 1080 R:R ratio 1.9
this chart is published in 1D tf. For more clarity use 1W tf. stock has faced rejection from top multiple time. This time it might be just retracement. target is based on fibo tool.