According to my study this stock shows a bullish momentum above the marked 503 levels.
Reason 1 : trend of the stock
2: Ema lines movements(relative) and its direction
3: technical indicator supports along with narrow cpr
4:trend line resistance breaking probability( pink line on chart)
5: delivery buying probabilities at current levels.
As a sum ...if market support it can go abv 503 levels . if so you can consider this for your watchlist.
THIS IS STRICTLY FOR EDUCATIONAL PURPOSE & NOT A RECOMENDATION.
*****## IF YOU LIKE MY STUDIES PLS FOLLOW ME THANK YOU ##***
Reason 1 : trend of the stock
2: Ema lines movements(relative) and its direction
3: technical indicator supports along with narrow cpr
4:trend line resistance breaking probability( pink line on chart)
5: delivery buying probabilities at current levels.
As a sum ...if market support it can go abv 503 levels . if so you can consider this for your watchlist.
THIS IS STRICTLY FOR EDUCATIONAL PURPOSE & NOT A RECOMENDATION.
*****## IF YOU LIKE MY STUDIES PLS FOLLOW ME THANK YOU ##***
Trade closed: target reached:
target reached on aug 24 itself