Rebound Insight
Our Pivot: 7.00
Our Preference: Buy ECOP above 10 and average it out till 8.89 with strict stop loss of 7.00 and target at 14.49 and 16.39.
Alternate Scenario: Downward penetration of 7.00 will call for 5.56.
NOTE: ECOP is getting support from a strong supportive trend line along with a horizontal supportive region.
Recommendations:
Buy above 10 and average it out till 8.89 with target at 14.49
Weekly Chart with Supports and Resistances:
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