Time has now come to collect within a channel which I classify as the present support base between 11.40 to 12.00. Suggest a collection within this range. Thereafter I expect a rally to breakout of 13.40 and test newer highs upto 14.00 - 15.00. BUT THIS WILL HAPPEN WHEN DAILY VOLUMES ARE HIGHER THAN 1 MILLION SHARES. Presently it's trading with very thin volumes.
You must not over expose when you are collecting a position on this. If you think to buy 10,000 buy only 20% or 10% maximum. This way you are giving yourself room of either 5 or 10 stages at which you will collect the full number. If you see it's breaking out of 12.00 and you have not completed the collection of a fair number, that's ok, stick to the amount you bought and wait for your target. Target can be between 12.50 and 15.00. As such the exit strategy can be decided by you.
Do not ignore this opportunity......
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