IIFL securities target 239 - uptrend -but near resistance
This script is at all time high and near resistance 196. As selling pressure created we can expect correction upto nearest support zone 169 to 176. If reversal happens at support zone first target is 200, 2nd target is 213 and third will be at 239. Stop-loss can be set below support
zone. Wait for correction.
Possibility of Downside breakout is quite low. If breaks downtrend starts. Down side target will be at 148.
zone. Wait for correction.
Possibility of Downside breakout is quite low. If breaks downtrend starts. Down side target will be at 148.
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