BASF INDIA LTD
Long
Updated

BASF - ATH Closing

120
Stock has a tendency to form rounding bottom and give BO after consolidating for couple of weeks.

Once can see drying of volumes during consolidation phase
Risen from the golden Fibo level of 61.8% in May
Today stock has given ATH closing
Stock seems set to make another high in coming sessions, targetting 8-9% move
Trade closed: target reached
Patience rewarded, all targets achieved, more than 19% return

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