Technical Outlook & Strategy
The stock has formed a higher low structure, indicating strength and accumulation.
RSI shows positive divergence, supporting the bullish momentum.
A W-pattern breakout is observed on the charts, which often signals the start of a fresh uptrend.
🟢 Strategy:
Entry: Buy in cash at current levels. Accumulate more on dips for better average.
Targets:
Short-Term: ₹1120
Long-Term: ₹1468 and ₹2000
Stop Loss:
Short-Term SL: ₹800
Long-Term SL: ₹630
DO remember to follow risk and money management.
The stock has formed a higher low structure, indicating strength and accumulation.
RSI shows positive divergence, supporting the bullish momentum.
A W-pattern breakout is observed on the charts, which often signals the start of a fresh uptrend.
🟢 Strategy:
Entry: Buy in cash at current levels. Accumulate more on dips for better average.
Targets:
Short-Term: ₹1120
Long-Term: ₹1468 and ₹2000
Stop Loss:
Short-Term SL: ₹800
Long-Term SL: ₹630
DO remember to follow risk and money management.
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.
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.