The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby along with 200 EMA.
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones + Lower Trend Line + 200 EMA and the target is placed near the upper trendline and swing high.
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones + Lower Trend Line + 200 EMA and the target is placed near the upper trendline and swing high.
Trade closed: stop reached