Goodluck Capital Recommendation:
Once 1st Target hit, reset stoploss at 350.
Technical Observations (Weekly)
- Buy Range - 329-335,
- Target - 358-361,
- Stoploss - 324,
Once 1st Target hit, reset stoploss at 350.
Technical Observations (Weekly)
- Looking at the weekly chart we have seen, the stock is moving in a strong uptrend by making higher highs, higher lows following a crucial downtrend breakout in April 2019.
- The stock has seen a spectacular rally from the bottom of around 180 and hit a fresh all-time high of 343.3. This recent close also crosses above the previous high 328.75 registered two years ago Jan 15, 2018.