Rebound Insight
Our Pivot: 10.70
Our Preference: Start buying LOTCHEM above 11.30 and average it out till 11.00 with strict stop loss of 10.70 and profit target at 12.81 with extension towards 13.20.
Alternate Scenario: Downward penetration of 10.70 will call for 10.30 and 9.90.
NOTE: LOTCHEM is being supported by a rising trend line along with a strong horizontal supportive region.
Daily chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.