Apollo hospital is taking multiple rejection from {4600-4670} and became a crucial supply zone.
There is a trendline where price took support multiple time and Now the price is at the support line.
There is also a Ascending triangular pattern with 3 nodes.
One should enter at this level with small SL.
If price closes below the trendline , close the trade without any second thought.
Lets talk about numbers-
1. entry- 4340-4360
2. SL-4235-4260 { 2.5%}
3.Target 1st-4630-4650{supply zone} , Target 2nd-4940-4960
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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.