TJL - Nice short term trade with 1 rupee dividend

We were watching TJL to close above 42.00, or till a swing low formation. We now can see a swing low at 41.80. If you look very closely at the candle of  yesterday where it had a low of 41.80, you will notice that only 30 shares had traded at that price out of 461204 shares. This shows that the selling below 41.90 is really not there. To study it a little further you will notice that only on 3 occasions prior to that the price had made lows below 41.90 and 42.00. On all these occasions only a small % of shares had been sold at the lows as follows:

06.09.2016 - Low was 41.80 and 21,485 out of 500,071 had traded at that price
19.09.2016 - Low was 41.60 and 26,719 shares traded at that price out of 200,107
23.11.2016 - low was 41.80 and 7480 shares traded at that from a total of 142547 shares

The other interesting thing is that after all these occasions the Stock has reversed giving short term returns. As the Dividend was announced this is one stock that you need to collect to trade in the short term. ( see the Chart below)

Buy at 41.90 or 42.00
Stop at 40.90
Take Profit 1 - 44.00
TP 2 - 45.00