As we can see in daily chart after a superb rally upto 1577, price has stuck in triangle. recently company has offered handsome dividend of rs 9.
now price is still getting strength and trading near lower level, above 1320 level will take price to the 1400 level soon, and above that level price will be unstoppable, and we can assume tgt of 1550 in coming months.
now price is still getting strength and trading near lower level, above 1320 level will take price to the 1400 level soon, and above that level price will be unstoppable, and we can assume tgt of 1550 in coming months.
Trade closed: target reached:
PRICE REACHED NEAR 1400, HIT Short term TGT (of 80pts)!!!!!!
Now price has reached its resistance, wait for the price to break 1400 with volume and sustain for at least 15 min for next target.........
Now price has reached its resistance, wait for the price to break 1400 with volume and sustain for at least 15 min for next target.........