Rebound Insight
Our Pivot: 245
Our Preference: Start buying SEARL from current price and average it out till 250.00 with strict stop loss of 245 and profit target at 268 with extension towards 272.
Alternate Scenario: Downward penetration of 245 will call for 236 and 231.
NOTE: SEARL is retesting resistant trend line of its previous triangle and now it's expected that it would expand this triangle in a bullish price channel.
Chart with supports & resistances:
ATRL 35
Level | 1st | 2nd | 3rd | Supports | 174.52 | 172.30 | 169.56 | Resistances | 179.48 | 182.22 | 184.44 |
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