This stock has limited trading opportunity in current scenario. Possible Trading Strategies mentioned below
• Sell below 625 for downside target -540 which is 61% retracement of upside last wave (365 to 809) • Buy above 725 (strictly hold your buy positions till it holds above 725 as false breakouts can happen above 725 as they are extremely choppy moves) • Sell below 540 • Buy Above 810
Long Term Scenario - Positive once 810- critical level gets broken upside to be reviewed later.
Dagangan aktif
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Holding 625 --------- Traders could have taken short term buy as 625 was key level - a very close buying opportunity was available when stock hit 630 with a risk of 5 points only
Dagangan aktif
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07:57 Hrs / 25th Jan2021
Last Price - 665
If stock falls below 625 then next support or profit booking zone comes in 540-550 as suggested in main idea. Thanks
Dagangan aktif
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15:21 Hrs / 29th Jan2021
Last @ 1599
Fall started below 1625 as suggested in the idea - will it reach 1540 ?
Happy Weekend !!!
Komen
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15:48 Hrs / 29th Jan2021
My Bad
Correction ----------------- 599 -------------instead of 1599 & 625 -------instead of 1625
@sagarchaudhary025, Enjoyeed the Fall ? Still holding or exited ? I made an exit some loss @ 672 last week.. ... i hope you are still holding till 420 :)