The stock is testing it's one year old support trendline and looking weak if breaks and sustains it. Sell intraday below 1781 level for intraday target of 0.75-1%.
If the stock gives a closing below 1700 level one can carry a short position for targets of 1625 and 1550.
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.
All Ideas posted by me are for Educational Purpose.
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