Fibonacci Retracement is making a good entry of 1130-50, target 1616/1778
Also a Double Bottom has formed, CMP to 1616 with 1122 as a SL has a R:R of 1:1.5
Stock has broken crossed it's 200 EMA and might give a breakout after retesting at it again.
Also a Double Bottom has formed, CMP to 1616 with 1122 as a SL has a R:R of 1:1.5
Stock has broken crossed it's 200 EMA and might give a breakout after retesting at it again.
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