One can decide to go LONG in TAKE (Take Solution) above 61.
SL - 53.5
Minimum R2R : 1:3
I personally am believing that it should go beyond the above mentioned R2R.
Target level drawn in chart , looks bullish once it crosses Rs 68-69
Stop loss at Rs 44.40
Would buy on dips when price will retest the trend line drawn
Increased Volume looks interesting
Take solutions is ready to take off. It can give quick returns in 1 week may be 30-40%. Risky bet but good to capture fast moves in this counter.
Stop loss:43
Target: 80
Time Frame: 3-4 weeks
This analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks to reach the target.
Logic, SL and Target is shown in image itself.
This analysis is for study purpose. Traders must do their own study before entering into any trade. Traders should trade with their own...
