Bombay Dyeing
Stock trading in a channel and currently almost at bottom of channel
With Immediate Resistance at 108 levels.
Safe to buy if sustains above 108/110 for short term targets of 113/118/120 levels; which is another strong resistance levels.
Can be book profit partially and hold further for 130-135 levels if stock strongly hold above 120 levels.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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