The primary trend was a down trend until 24.03.2020. After that, it is seen to be recovering. Presently, it is under consolidation phase and most probably it will see a trend reversal in the coming days.

Long position:  entry price 32; target price 52; stop loss 26; duration 1 year.

2 Comments
  1. Naresh 4 years ago

    Hi,
    Good attempt … For upside trade plan- Take your entry point when the stock price breaks the previous top ( Resistance level) and set the stop loss level at the recent low (Support level).

  2. Author
    SUBHENDU 4 years ago

    Thank you.
    Are you suggesting to enter the market above 37.5 and set the stop loss at around 32 for an upside trade plan ?

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