CLOSED

BERGEPAINT
Stoploss Triggered

710 1.14%
Close Price
(2021-03-02 05:25:00)
702
Entry Price
(2021-03-01 12:10:00)
743
Target Price
 
710
Stoploss
 
Enter above 702 | Created on 2021-02-28 18:42:01 and valid till 2021-05-09 18:30:00

Trade made by

Abhishek Kumar Singh


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Trade rationale

RSI

As per RSI, it is in oversold zone (RSI at 26). Further, Short Term Bullish view confirmed by the trend taking support of Feb 2021, 1st Weekly Support level (Rs 678 and above average volume. Entry taken at Rs 702 (Feb 2nd week support S1, and also above 100DEMA), SL of Rs 675 (lower wick of the red candle) and target of Rs 743 (above Monthly Pivot point P). Update: SL trailed to Rs 710 (previous day's candle low) as CMP moved up .