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srikartiram

MOL | Breakout from the consolidation

Long
MEGHMANI ORGANICS LTD (NSE:MOL)  
srikartiram  
NSE:MOL   MEGHMANI ORGANICS LTD
Supply and Demand Candlestick Analysis Parallel Channel channelbreak consolidation-breakout positional shortterm
11
0
supplyanddemand candlestick parallelchannel channelbreak consolidation-breakout positional shortterm
MOL | Breakout from the consolidation

CMP : 141 (Dip : 135)
SL : 125
Target : 165 (Based on Fib)

But usually this kind of breakouts are highly potential for trending moves.
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