CMP- 311
SL- 278 (closing basis)
Target - 430-450
16/7/21
- Recent fall gave good entry in the stock
- 280-300 is good support zone which is formed with committed VOL
- Any drop of price to lower trendline is very good buying opportunity (unless things don't change fundamentally)
- Stock is taking support from 100EMA in D and 20EMA in W.
- Latest VOL surge was at 300 level which is also a psychological level, can act as good support
- Larger view SL would be the lower trendline break with some catalyst
Any intraday penetration towards 280-300 level is good accumulation zone
SL- 278 (closing basis)
Target - 430-450
16/7/21
- Recent fall gave good entry in the stock
- 280-300 is good support zone which is formed with committed VOL
- Any drop of price to lower trendline is very good buying opportunity (unless things don't change fundamentally)
- Stock is taking support from 100EMA in D and 20EMA in W.
- Latest VOL surge was at 300 level which is also a psychological level, can act as good support
- Larger view SL would be the lower trendline break with some catalyst
Any intraday penetration towards 280-300 level is good accumulation zone
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.