I Waited for the stock to consolidate at the support zone once i was sure i took entry at an avg price of 529
As per my analysis if the stock close below 490 levels on weekly chart i will exit. This comes to 7.5 %
If am taking a SL of 7.5 % i should at least get an avg of 15% I believe the stock can touch 630 levels and also All time high.
People reading this article should be clear that this blog is for educational purpose only. I am not SEBI registered advisor. Many might think why the blog is posted after the stock has took a runup from the entry levels.