The counter today kissed its strong support zone around 1135 levels and managed to close above the same.Though the counter is in downtrend looking at the volumes of last couple of days possibility of bounce back cant be ruled out. At this level the counter offers a good risk-reward ratio too. Traders can long the counter only for swing trading purpose above 1150 with strict SL of 1136 TGT 1195-1205.
No comments:
Post a Comment