Somanathrout

fretail weekly view

Long
NSE:FRETAIL   FUTURE RETAIL LTD
do not miss this opportunity from this operator. It has eaten a lot from retailers.

follow this chart and price levels and sit tight. It has to give a retracement and target 1 will be 100 and target 2 will be 118. It has broken weekly support today , so do not buy hastily , allow the price to come to 70 and buy at about 3.15 pm as an upward move usually goes with circuit so that retailers can not enter.



this is my personal view and I have shares in fretail . only I am trying to share my idea with others. fresh investor should understand the risk and reward.
Comment: long now with a stoploss of 65. make or break call. sell at 65 and hold untill it breaks it or gives a decent profit. at present stock has tested bottom.

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