PrasantaP

Majesco buy above 803

Long
PrasantaP Updated   
NSE:MAJESCO   None
1.#MAJESCO Daily chart trading near the Life time high and made rectangle price pattern if the price sustain above 803.00 ,we can see up move towards 1020.00/1150.00 level as per the fibonacci extension of 138.2.8%/161.8% with the help of 730.00 support level (Daily candle closing basis) and when price move in your direction always trail your stop loss as per your RR.
2.Company is virtually debt free.

For chart of the week follow on - chartwithtrade.blogspot.com/
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.