The stock looks bullish, though below 200EMA, have given channel break
out with huge volumes along with inverse Head & Shoulder formation. After
200EMA has the strong resistance zone which is breached can provide new
higher targets.
out with huge volumes along with inverse Head & Shoulder formation. After
200EMA has the strong resistance zone which is breached can provide new
higher targets.
Trade active:
Today stock reached intra-day high of 625 as per the original target.
Trade closed: target reached:
Stock reached the target 620 on 11th May, reached high of 665 on 18th May and retraced.