Watch-out for stock to break weekly resistance trendline and can long above 101.1 for short term target 122-132 levels and long term target of 145 that is 100% fib level extension and also 3rd impulse wave.
Volume in weekly chart can be seen increasing and accumulation period is over almost. Time to ride the stock.
Value investor and swing traders can long at cmp with 87.65 SL or 84 as per your risk and go long for 108-110 in coming 1-2 months.
Volume in weekly chart can be seen increasing and accumulation period is over almost. Time to ride the stock.
Value investor and swing traders can long at cmp with 87.65 SL or 84 as per your risk and go long for 108-110 in coming 1-2 months.