Trade rationale

Other – Study mentioned in Notes Below

Support & Resistance: The Following short term buy call for the Script has been generated at 305 levels as per the horizontal triangular formation at 1 Min time frame, which corresponds to the previous support levels. First target shall be placed at 10 point levels and scond target can be placed at 328 levels, which is a 50% Fibonacci retracement from the previous levels. A stop loss at 290 levels has been placed to avoid the further downturn and losses.