Rebound Insight
Our Pivot: 21.70
Our Preference: Start buying FCCL from current price and average it out till 22.20 with strict stop loss of 21.70 and profit target at 24.00 and 24.55.
Alternate Scenario: Downward penetration of 21.70 will call for 20.50 and 20.00
NOTE: FCCL is being supported by a rising trend line along with a strong horizontal supportive region.
Chart with supports & resistances:
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