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KetanPandit

Weekly Breakout in Ambika cotton mill

Long
AMBIKA COTTON MILL (NSE:AMBIKCO)  
KetanPandit  
NSE:AMBIKCO   AMBIKA COTTON MILL
Trend Analysis Chart Patterns Technical Indicators
1
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trendanalysis chartpattern indicator
There is a clear cut Breakout in Ambika cotton mill on weekly chart. 950 was the hurdle for this counter and this Friday's candle closed above this level with good volume. So, this is clear cut bullish sign.
*Levels*
1st Target :- 1200
2nd Target :- 1400
3rd Target :- 1600

Stop Loss :- 850 on closing basis.
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