The stock is downtrend from few months and it has touched its multi year support of 820 which is acting as a Strong potential reversal Zone(PRZ),a pin bar was formed due to result volatility, Hence A trade can be initiated on 2 completed green candle which confirm the reversal of the trend.
Entry- 841.5
SL- 817
Target 1:-894.2
Target 2:- 921
Entry- 841.5
SL- 817
Target 1:-894.2
Target 2:- 921
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.