amankavi

MT Educare : breakout at crucial support levels

Long
amankavi Updated   
NSE:MTEDUCARE   MT EDUCARE LTD
Scrip has been able to find resistance at core support levels and break trendline with good volume however, would wait to enter post confirmation ensuring it isnt false breakout

Would prefer to increase stake after the scrip manages to move out of consolidation channel

Aiming for TP - 99, 120, 130 in LONG TERM

Nonetheless, One cannot invest for very long until the company shows progressive results and reduces debt which are detrimental to growth of company

www.indiainfoline.co...-117090700312_1.html
www.screener.in/company/MTEDUCARE/
Comment:
Time to enter as suffice breakout with BH>50%CH candle has formed


with volume increase during past few sessions..

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