The stock has reached its 61.80% Feb level of original start of the trend , now its facing some pull back but surely on Major up trend
You can view the buying area in combination with Volume confirming the institutional are again accumulating the stock , it means that Now big players are accumulating for next higher move
One can Look for buying for holding stock for swing trade
For day trader it is not advised to go through the high whipsaws they can buy above 1105 and look for target of 1124 for day trading with stop of 1100
and for swing trader they can accumulate Near 1068/1065 with stop of 1020 for target of 1241
This information is only for educational not to be considered as suggestion , all your decision must be made according to your own technical analysis
Regards
You can view the buying area in combination with Volume confirming the institutional are again accumulating the stock , it means that Now big players are accumulating for next higher move
One can Look for buying for holding stock for swing trade
For day trader it is not advised to go through the high whipsaws they can buy above 1105 and look for target of 1124 for day trading with stop of 1100
and for swing trader they can accumulate Near 1068/1065 with stop of 1020 for target of 1241
This information is only for educational not to be considered as suggestion , all your decision must be made according to your own technical analysis
Regards
Trade active:
Price closed with 1060 which is good sign , We have to have patience for rise , in Nifty supports tomorrow then it can cross the resistance and close above the resistance
Regards
Regards