This scrip had recently broke the trend line and now it had aslo gave breakout in wedge pattern. This scrip had also broke the Monthly CPR support and price rejected at support but aslo took support in Weekly CPR support, in simple terms it is trading between Monthly CPR support and Weekly CPR support.
Do consider to short this scrip and short if price sustained below 363 level this week. It is a risky trade as overall market is in uptrend there could be false breakout, so short only if it satisfies the condition.
Do consider to short this scrip and short if price sustained below 363 level this week. It is a risky trade as overall market is in uptrend there could be false breakout, so short only if it satisfies the condition.