NareshTedla

BOSCH at critical support

Long
NareshTedla Updated   
NSE:BOSCHLTD   BOSCH LTD
BOSCH (CMP 17017.65) seems to be at a critical support which was guarded since the beginning of Jan 2018 and given the current market conditions, stock will take support at this level and can resume its upward journey.
Comment:
If someone is long on this, I would recommend to have an ultimate stop loss at 15940. If the level of 15940 is breached, its better to get out of the stock and wait for better entries.
Trade closed manually:
As the previous support didnt hold, closing the trade.

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