Rallis - Wednesday Trade
Chart 2 - 15 Min Time Frame : A further confirmation of below swing trade can be taken if stock breaks the confluence of Daily Trendline and horizontal support. Can be considered for target of 274-275 if bounces from support.
Chart 1 - Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. ##Watch out for 1st chart in my previous idea##
Chart 1 - Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. ##Watch out for 1st chart in my previous idea##
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