We can clearly see the possible price reversal pattern in Chart. Reasons for BUY are shared in chart.
The same has been confirmed by multiple indicators. One can buy CESC for swing trade and keep a tight SL below support. Good luck.
NSE:CESC Long at 763.90 with SL at 754.05. There are three potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
Price at a critical point, i.e. long term support line built over more than 6 months and price has managed to hold its nose above this line. Moreover, price is also close to 200 DMA which is seriously tracked by professional traders. It is clear from the chart that this stock is in strong bull market. So this is a testing time for bulls.
CESC gave breakout and one can go long in this script. I have missed to publish this idea over weekend. Buy in chunks and one can look to buy pullback as well.
Probable target-980
![CESC: CESC Long Setup [Intraday]](https://s3.tradingview.com/8/8CPoasUY_mid.png "CESC Long Setup [Intraday]")
