Blue Sky Zone breakout had occurred in good IT sector company: MAJESCO
770. Now, share is trading at Rs
876 after small correction. Good time to enter stock near 800-850 zone with stop loss of Rs
650. My First Target is Rs
1050 and my second Target around Rs
1150. Conservative Traders can book the profit at Rs
950 target. IT sector is already in boom like pharma
sector. My Risk to reward ration is 1:3 for this trade. Company has good fundamental story.