On daily time frame, stock is showing really good long setup with a Symmetrical triangle which is indicative of continuation of bullish trend
Since , Nifty Pharma is taking on a ride and pharma stocks are hitting through the roof.This will be a good long bet in the bearish Market.
Initiate a long trade as soon as it breaks the last high of 2525 with a stop loss of 2440.
Volatility is expected since the markets are very choppy and there is a lot of noise.
These are solely my views. Trade wisely
Since , Nifty Pharma is taking on a ride and pharma stocks are hitting through the roof.This will be a good long bet in the bearish Market.
Initiate a long trade as soon as it breaks the last high of 2525 with a stop loss of 2440.
Volatility is expected since the markets are very choppy and there is a lot of noise.
These are solely my views. Trade wisely
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Closed at 2594 on 22 May