It was in down trend for some time. 1100 was a very strong support zone and it took support around 1130 levels. On Friday, it closed above down trend line with higher volumes. Looks a good reversal play at 1165.
Target1 - 1215
Target 2 - 1280
Target 3 - 1370
Stoploss - 1100
Target1 - 1215
Target 2 - 1280
Target 3 - 1370
Stoploss - 1100
Trade active:
1190 has been acting as a resistance for sometime. New positions or add-on could be done if there is closing above this level.
Stoploss remains at 1100.
Stoploss remains at 1100.
Trade active:
Stoploss updated to 1185