sethinomics
Long

Deepak Nitrite-Inv H&S breakout 182 Tgt 222

NSE:DEEPAKNTR   DEEPAK NITRITE
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Deepak Nitrite has formed inverted head and shoulders pattern between 142 and 182 in last 3 months. Today stock managed to sustain above 182 on closing basis. So i expect 40 rupees upside (182-142), from the breakout level, giving a target of 222. Will look to buy this stock,with SL kept below the 20 DEMA of 175. TimeFrame 4-6 weeks.
Your target is hit! Good one!
Can you please provide latest calculation on short-mid term.
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