Watchout for support breakdown

٨ يونيو ٢٠٢٢

The stock is testing it's one year old support trendline and looking weak if breaks and sustains it. Sell intraday below 1781 level for intraday target of 0.75-1%.

If the stock gives a closing below 1700 level one can carry a short position for targets of 1625 and 1550.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar