RSBaid

Symphony CMP 932, Target 1200

Long
RSBaid Updated   
NSE:SYMPHONY   SYMPHONY LTD
Consumer Durable Stocks expected to do well, triple bottom structure in place. Making higher lows and higher highs in daily time frame. Good volumes also seen.
Comment:
Beautiful structure in progress, volumes high on up days and low on down days, Dow theory intact, typical accumulation, hold patiently for target of 1200.
Comment:
Good move from 932 to 972. Consumer durable stocks are setting up well and shall pick up further momentum. Hold for 1200.
Comment:
Move progressing as expected, ride at least till 1200 as the 1st target. The price is backed by good volumes, so hold without fear.

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