NSE:PATANJALI Good opportunity to invest in Patanjali Foods Ltd.
Place your orders after Breakout of the resistance line.
POSSIBLE BUYINGS-----
Case 1:
Buy : After breakout of resistance line @ 1050.
Stop loss : @995
Case 2:
Buy: At channel support @950
Stop loss: Below @900
Reasons to buy:
1: Patanjali foods is following a rising...
We have seen a pole and flag pattern on the stock. Also, the stock is in bullish mode. Long above 1212. All important levels are marked on the charts. RSI levels above 60 are a sign of strength.
This is for your educational purpose only.