As per my analysis,
CIEINDIA
has been succeed to hold support level of 473 and it may continue for up side momentum. New fresh buy entry can be place if price break and sustained above level of 492 with stop loss of 455 (-37 points risk). My expected up side target would be 512(+20), 537(+45) & 552(+60). This could be low risk and high reward trade setup.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
CIEINDIA
has been succeed to hold support level of 473 and it may continue for up side momentum. New fresh buy entry can be place if price break and sustained above level of 492 with stop loss of 455 (-37 points risk). My expected up side target would be 512(+20), 537(+45) & 552(+60). This could be low risk and high reward trade setup. Note: This is my personal analysis, only to learn stock market behavior. Thanks.