The stock has tried to break the resistance once.
on thursaady and friday carniage, the stock has come back inside thr triangle.
adding positions with every 2 percent rise.
however, a slight spike on the downside cannot be ruled out. this, would be to shunt out the retail investors inable to take risks.
my suggestion would be to buy a futures lot woth a put option( stoploss of put option set to 45-50 %
Good luck !!
on thursaady and friday carniage, the stock has come back inside thr triangle.
adding positions with every 2 percent rise.
however, a slight spike on the downside cannot be ruled out. this, would be to shunt out the retail investors inable to take risks.
my suggestion would be to buy a futures lot woth a put option( stoploss of put option set to 45-50 %
Good luck !!
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