Buy on deep (between 1680-1668 stoploss below 1650) target above
* Monthly candle made doji pattern
* Made High near Life time high 1729 Life time high is 1734
* Last three month volume is increasing
* Stock trading in channel reverse from lower channel
* Wait for closing of three Days above 1709
* On the base of positive news stock gap up today from last day high 1640 to 1683 today's Low.
* Any rate between 1640-1683 might be buying opportunity with stoploss of1623
* There is also very good support of average (cluster of supporting average are 1614-1650)
* Bounce from last 9 days tight consolidation
* Volume is highest ever in last 3-5 month
* MSCI reconsecration might be near 20th Feb.
One thing to be consider that between 1700-1740 total 4.28 New call writing visible.
* Made High near Life time high 1729 Life time high is 1734
* Last three month volume is increasing
* Stock trading in channel reverse from lower channel
* Wait for closing of three Days above 1709
* On the base of positive news stock gap up today from last day high 1640 to 1683 today's Low.
* Any rate between 1640-1683 might be buying opportunity with stoploss of1623
* There is also very good support of average (cluster of supporting average are 1614-1650)
* Bounce from last 9 days tight consolidation
* Volume is highest ever in last 3-5 month
* MSCI reconsecration might be near 20th Feb.
One thing to be consider that between 1700-1740 total 4.28 New call writing visible.