Only for Educational purpose.
This stock is right now in good area where buying could be initiated, but its not confirmed yet, if any type of bullish candle pattern is seen in lower time frame like hourly then it could be an opportunity to go long after checking all parameters are aligned or not for trade, with stop loss of same candle's low, don't jump directly to buy, do your own studies these types of scenarios on regular basis, check how they works check the probabilities of price directions or price actions.
Thanks.
Disclaimer.
I am not a sebi registered analyst
My studies are for educational purpose only
Please consult your financial advisor before trading or investing
I am not responsible for any type of your profit s and losses