Support and Resistance setup
System: Swing Trading
Stock is near their support levels on daily time frame, can enter with a small quantity.
Remember stock is resisting from 50 DMA if it closes above that then we can enter with full quantity with confirmation.
Basis: Price action and Moving averages
Entry level: 434-440
SL: 415 closing basis
Target: 460/480/500
Duration: 2 months
Disclaimer: I am not SEBI registered. This is my personal view only for educational purposes. I might have this stock in my portfolio. Please do research on your own or consult with your financial advisor before investing and trading.
