Further Advance
Our Pivot: 209
Our Preference: Start buying SEARL from 213.50 and average it out till 211.50 with strict stop loss of 209 and profit target at 224 with extension towards 227.
Alternate Scenario: Downward penetration of 209 will call for 205 and 203.
NOTE: SEARL is moving in an upward price channel on weekly chart and recently it have given breakout of a rising wedge in upward direction which would now push it for expansion of said wedge with good volumes.
Daily chart with Supports & Resistances:
SEARL 12
Level | 1st | 2nd | 3rd | Supports | 128.29 | 126.59 | 124.73 | Resistances | 131.85 | 133.71 | 135.41 |
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