The stock has given 9 month old trendline breakout and given strong closing above 100 EMA and trendline today.
200 EMA is a strong resistance right now.
If the stock gives a closing above 200 EMA (611.5) level it can give another 4-5% upmove from here.
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
200 EMA is a strong resistance right now.
If the stock gives a closing above 200 EMA (611.5) level it can give another 4-5% upmove from here.
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
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