Stock in Focus:
Reasons:
1. Favorable RR ratio
2. Supportive price action near strong support zone.
3. Good Fundamentals and Business Model
4. MACD Divergence
Investing Term: Medium (3-4 Weeks)
SL: Below 2,400
Target: Above 3,000
Reward to Risk: 2:1
Important to note: Trade with controlled quantity considering market sentiments. Accumulate periodically. Risk Averse traders should wait for the confirmation.
Disclaimer: Purely for education and information purposes.
