Heavyweight LT, 2 months of consolidation BO with huge volume was seen in the stock in the last week of Oct 2022. Consolidation/RT of BO for 3 weeks has been witnessed.
Summary - RT & Fresh BO from the VAH zone - 2 Months of accumulation - Approaching major resistance place around 2078 levels(ATH) - Cup & Handle pattern(Awaiting BO) Conclusion - CMP 2052 - 3% Test position can be planned at current levels - Higher targets could be around o Short Term – 2110-2172-2283 o Mid to Long Term – 2604-2968
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.