Khadim India closed at a 17 month weekly high of 196. The stock managed to close above its strong weekly resistance level of 177 with strong volumes. The stock can be bought at CMP and can be added on declines to 185.
Target : 2019 price levels of 230 and 280 (dotted redlines on the chart) make for decent short to medium term targets.
Stop Loss : Longs can be held with a WCB stop loss of 175.