Nifty can clearly be seen under selling pressure from top. Any trigger can lead it to fall 18k and below levels. There are multiple Trend line supports as well so Indian Market is safe.
This stock is forming a clear cup & handle pattern and we can enter in it after breakout of handle.
Entry :1070
Target 1 (Few days) : 1186
Target 2 (Few weeks) : 1456
SL : 995
Currently at Demand zone, and getting support from Trend Line at 4 hour TF.
Good to go long in this at CMP.
Entry - CMP
Target 1 - 5500
SL - 4900
R:R - 1:2
Book Half quantity at 5500 and trail rest.
Good to go long if any Daily candle close above 2550 with good volumes.
Entry - 2550
Target 1 - 2627
target 2 - 2870
SL - 2446
R:R - 1:3
Book 25% quantity at 2627 and trail rest.