MAWANA SUGARS LTD
Long

MAWANASUG detailed Analysis 6th Sep 23

Mawanasug has given the breakout. as you can see detailed description on chart.
Reson:
  1. Successful breakout of the zone.
  2. RSI > 50 Bullish Zone Incressing momuntum.
  3. Very nice Volume in the stock for today.
  4. Good consolidition of almost 1 year.
  5. Price > VWAP that shows the bullishness.


Verdict:
Breakout successful, Strong bullish momentum
Plan of Action:
You can buy this at current price.
Buy price: 110.60
Stoploss: 104.20
Target 1: 123
Target 2: 138

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