Reasons for bullish bias:
- Fundamentally a very strong company
- Price respecting upward trendline and is at 0.382 Fib level
- Overall a bullish trend
- Divergence also getting synched
Here are the recommended trading levels:
Buy 1: 402 (CMP is also good)
Buy 2: 384.19
Stop Loss Level: Closing below 355.8
Take Profit Level 1: 482.91
Take Profit Level 2: Open
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