MSTC - Long
Updated
Stock has been in consolidation mode after really good up move since it's inception. 340 seems to be a very important level and we can see volumes getting squeezed on weekly charts. And whenever it touches 340, it takes a U-turn towards 250-260 support zone but this time around stock took support at 300 levels and now huge volumes can be seen on Daily Charts. Once crossed 340, immediate targets would be 400, but one can also look for a much bigger target in this scrip.
Trade closed: target reached
65% upside target achieved on 19th of Oct in just 14 days!!
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