On a daily TF, i find the price to be in a range between 410-370/340. Do you feel that a correction should come till 340(also 20MA) before it moves up?
mastermukund4
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@Minhaj_AK, If u look at daily chart u will find that there was an attempt of correction. However the same was bought by Buyers and it moved up. Therefore, in this case u can add 50% now and wait for correction for another 50%
Minhaj_AK
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@mastermukund4, Yes got your point. Do you take the CMP and av price into consideration for entry point or its purely S & R?