Dolat cmp 74.20,
Target 1: 83.55,
Target 2 : 118.35++++,
Stop Loss : 60 ( One Day Close Base)
Time Frame : 5 Months approximately as per Principles
(1) Weekly Rounding Bottom patterns already formed and neckline is being broken,
(2) CMP is on above all Resistance ,
(3) Selling Volumes absorbs and price closes above all selling big volumes on daily basis,
(4) Fundamentally Heavy Strong,
(5) Multi Year breakout potential, Symmetrical triangle above price is sustaining...ON Monthly, Weekly, Daily Basis ...
Disclaimer : Risk is yours and Reward is too yours totally, I am presenting here my investment idea on basis of educational purpose only.
So, can we say it is not a very good pick for short or swing