People will go super bullish on this counter listening to the results. But don't forget that it is at a multi-year trendline and almost 8 days of strong consolidation. Fresh longs only on sustaining above1500 only. Keep an eye. Your thoughts ?
There can be two way though also.. What if there is a breakout of this trendlines. TCS booking 5% Y-o-Y growth having stock price 50% up on Y-O-Y basis. HDFC with 15% Y-o-Y growth is having stock price up by 10% only.
I think now is the time when trendline will be broken with volume. Intraday players should avoid but future/option/Delievery players should be bullish upon this stock. 1600 is the level this stock will be achieving before march.
I think now is the time when trendline will be broken with volume. Intraday players should avoid but future/option/Delievery players should be bullish upon this stock. 1600 is the level this stock will be achieving before march.