Lot of consolidation happening at 215-225 price range.....I am accumulating it in 215-225 price range keeping stolposs below 209 on closing basis...Once it starts closing above 230 then i am expecting bigger moves....
Good support at 31 on closing basis.
today's doji candle says indecisive price action.
I strongly feel it will make one move towards 40 and if starts closing above 40 will give more fireworks till 47.
Good level to buy is now and till 33.
Downtrend followed by bullish engulfing pattern.
RSI is oversold. High chances to break trend line resistance and shoot up.
Good to buy now and till 16.50.
Stoploss at 15.5 on closing basis.
Targets -20.5,23.3 and 27.5