Favorable Risk reward

11 בדצמ׳ 2021

Looks like no more downside in Dhanuka. Holding to 7week support, RSI crossed 50, looks like ready for an upmove. Similar structure is also observed in Rallis. It is underperforming Nifty, hence we can add 1/3 here and wait for an upmove, with a stop loss near support.