Technical Pick – Repco Home
Repco home is finding support at 775 and resistance above 800.
On Daily chart, Repco home is having Trendline breakout point above 800.Break and sustain above 800 will see nonstop rally in Repco home till 840++ in days to come.
Traders don’t go for aggressive or positional selling at all because trend looks positive and we expect rally to remain continue till 840+++mark in coming days. For positional trade, stop loss seeing below 775 on closing basis which in unlikely to breach in near terms.
Trading Recommendation
Buy Repco home above 800 and for the initial upside target of 840++ mark with stop loss below 775 on closing basis.
More will update soon!!
