Rebound Insight
Our Pivot: 14.00
Our Preference: Start buying FFL above 16.80 and average it out till 15.50 with strict stop loss of 14.00 and profit target at 19.30 with extension towards 20.40
Alternate Scenario: Downward penetration of 14.00 will call for 12.10.
NOTE: FFL is moving in a bullish price channel on daily chart and its getting support from a strong horizontal supportive region and supportive trend line of said channel.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.