Prices have consolidated earlier, for a long time within a Bullish Pattern, Symmetrical Triangle & have given a breakout {last month’s closing was above such breakout zone of 820}. Prices have given a breakout above another bullish pattern, Inverted Head & Shoulder Pattern with Neckline breakout point above 882 level & Upward target of 215 points, from such neckline level. Script have already made high of 955 levels {decent return}, now due for correction. SO enter on retracements.
BUY on retracements when fills GAP near 903 level with Stop below its previous Support zone,
mentioned. Book Profit near resistance zones.
CMP – 920.
RESISTANCE – 926, 934, 938 SUPPORT – 903, 894, 885
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