Profit Possible- 12000-16000 Rs.
Time Frame- 1 to 4 weeks
Profit % 12-16%
RR - 1:2
Capital employed- 100000
Entry Criteria- On daily/ weekly, bouncing from support. Entry will be taken on hourly chart. Price bounced with volume today. Expecting a creation of double bottom. Will entry at around 103, after bounce on hourly chart with volume
Target- 115-120 (recent highs)
Stop loss- 94 (DCB)
