It has been a rangebound movement today. And we all know what happens in range ----***TOP SECRET***
So get ready for the move on either side but prepare to buy if the stock breaks price action and can take profit at the red line
1) PSU (lol)
2) Weekly trend is down.
3) Rejection from historic resistance.
4) Noob traders buy cheap stocks not knowing it's a falling knife.
5) Small stop with bigger profit targets.
Kindly trade at your own risk.
Good Luck ^_^
As the festival season all around the world, demand for alcohol to rise which can give benefits to all good alcohol making companies.
From my point of view from next week we can see some good rally in the counter
TP1 - 610
TP2 - 640
TP3 - 670
Keep stop loss below 550 good luck everyone.
BUY CALL FOR RELIANCE
HELLO, TRADER I WOULD RECOMMEND TO BUY RELIND AT CMP
AS IT'S GIVING A BULLISH TREND FOR SHORT TERM... AS MA50 IS GOING TO SHOW BULLISH TREND ALSO SOME INDICATORS NSE:RELIANCE
AO, SUPERTREND & MACD IS ALSO GIVING BULLISH TREND.
WE ASSUME A TARGET OF 20% PROFIT