A huge volume breakout can be easily seen on this beautiful chart at a level of Rs80. This happens after a great long rally the stock has shown from the last year with a series of higher highs and higher lows. This can be bought at a retracement of around Rs 80-85. From here, I think a rally of 30 points is possible and the second target of 50 points is also expectable. This is a good long bet with a stop loss below 75.
Trade active
Keep in the trade with stop loss around 115. This can be a multibagger
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.