Prices have corrected significantly, had taken support at 104 levels where Double Bottom Pattern is
visible with Neckline at 112 levels. The 50EMA level at 111, had earlier acted as good resistance & prices
hovering near it. Closing & trading above it will be Bullish for this Script. Enter when prices close above
such level. Further if any day closing is maintained above 200DMA level then it will become extremely
Bullish.
BUY when trading & closing is above 111 level with Stop below its previous Support zone, mentioned.
Book Profit near resistance zones.
CMP – 109.5.
RESISTANCE – 111, 112.5, 115, SUPPORT – 108, 106, 104