Note: This is for educational purpose only.
There seems to be a bullish hammer at 200 SMA which also coincides with 0.5 and 0.618 retracement levels which might prove to be an area of confluence. Moreover, there was a bullish breakout with high volume from 200 SMA and there seems to be a retracement back on 200 SMA.
SL: ₹ 40.9
There seems to be a bullish hammer at 200 SMA which also coincides with 0.5 and 0.618 retracement levels which might prove to be an area of confluence. Moreover, there was a bullish breakout with high volume from 200 SMA and there seems to be a retracement back on 200 SMA.
SL: ₹ 40.9