Ankushkokane

Bodal chemical

Long
Ankushkokane Updated   
NSE:BODALCHEM   BODAL CHEMICALS
Bodal chem can show good move, If you trade on Breakout method then 81-84 lvl is good zone of resistance, if manages to give weekly closing above this zone with a good volume, can expect the good upside move and it'll be a perfect head and shoulder neckline breakout.
This View of mine is irrespective of news and purely based on technical chart only. So trade wisely.
Comment:
The chart looks like retesting the level/zone, can be a good pick at these (CMP) levels, can add more if shows 84-86 level, if you get it.
should go with the strict stop-loss of 77 level (only on closing basis)
Trade active:
shown 115 level till now, would suggest to hold if you're holding any position from given lower levels.
Comment:
Slow but going good, new position can be made if you get it around 116 level. For the given target of 129. Keep trailing stop-loss for More gains.

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