ad11patankar

Investment Pick

Long
ad11patankar Updated   
BSE:ELANTAS   ELANTAS BECK INDIA LTD.
Stock moved up from recent low's.
Not a popular name but strong MNC company.
Stock is about to complete Classic cup and handle pattern on charts.
One can start accumulating right now and buy rest of the quantity above 0.68Fib level closing.
Breakout zone mentioned on charts.
Closing above breakout level might trigger good amount of buying.
Can not time this stocks based on Volume expansion since stock is only Listed on One Exchange.
Stock is slow mover,do not trade this one .
Good for long term investment.
expected to reach target in 3-4 months.

Comments and observation are welcome.

Comment:
moved now .. trail stop losses
Trade closed manually
Disclaimer

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.