After posting the intraday high of 93.48 on 26th April 2022 the security has never been able to come out of selling pressure. On 14th October 2024 the price of 30.01 was printed as the lowest of recent times. From this point onward the Bulls have been trying to get a foothold and some early signs of there success have been noticed.
For those who like to do bottom fishing may initate a long position as has been indicated on the chart, wheras who want to play even safer may go long when the price is above TP1.
For those who initiate long after TP1 the TP2 shall be 50.
Pl do share your opinion as we learn together.
For those who like to do bottom fishing may initate a long position as has been indicated on the chart, wheras who want to play even safer may go long when the price is above TP1.
For those who initiate long after TP1 the TP2 shall be 50.
Pl do share your opinion as we learn together.
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