As discussed in the earlier idea price went for a sharp bottom fishing and got quick rejection from the 180 range. Stock is now bouncing around the strong Daily demand zone. Now we can expect a strong upside rally in the stock with more volume buildup and positive correlation with union budget coming in next week. Although we might see a large selloff at 230 range ,but holding on to it may give huge reward.
Entry :190-200
Target:230/254/300
SL :178
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