Telenor nearing buy zone

Telenor is currently in a bearish trend, but it's nearing the area where one should look to buy.

We have two significant horisontal supports. The first @ 156.75, and the second at 150.45.

The logic game plan for me, is to place equal bids at the two levels. Making the potential average cost 153.6.


TP 1: 180

(TP 2: 190)