Mrs. Benctors Food

Any closing above 1187 on the hourly chart is a bullish sign, once it gives a closing above 1187 on the hourly chart will have to look in the daily chart and discuss.

This post is only for Educational purposes and not a buy-sell recommendation, personally holding this stock from the level of 390. and will average again after quarterly results as it is a good company to bet in long term

Comment:

As the stock has given Gap up for the Trendline, it is trading near strong resistance of 1270, once it closes above 1270, on Daily basis, target would be ATH.

Wait for Candle closing on Weekly basis and follow up candle on daily basis above 1270.

Comment:

With volume 1270 is crossed, mostly daily closing we will get, Short term traders can book profit here or trail SL also for ATH.

This is my long term portfolio stock so i average it on technical chart formation i will continue holding the stock for long term.

Trade closed: target reached:

1300 hit today, can touch ATH, can book profit if it is in short term, but my conviction is for long term in this stock.