MCB intrday Analysis 11th December 2023

Buy above 185 with strict stop loss of 175 and targets at 192.60 and 196.50. Initial Key resistant region is 193.60 therefore it's recommended to practice caution near this region. While on breakout above this region next key resistant region would be 205
TECH NOTE: MCB is trying to approach its 161% expansion on weekly chart.
Caution Note: It's too much volatile now a days therefore stop loss is moved a little far away and therefore it's recommended to stay cautious and buy in small chunks