" />
Further Advance
Our Pivot: 59.30
Our Preference: Start buying EFERT above 61.10 and average it out till 60.30 with strict stop loss of 59.30 and profit target at 64.80 with extension towards 66.10.
Alternate Scenario: Downward penetration of 59.30 will call for 58.50 and 56.10.
NOTE: EFERT is being supported by a rising trend line along with a strong horizontal supportive region after completion of its 74.6% correction on daily chart.
Daily chart with supports & resistances:
EFERT 9
Level | 1st | 2nd | 3rd | Supports | 61.38 | 61.09 | 60.73 | Resistances | 62.03 | 62.39 | 62.68 |
---|