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SHRIHARII

Munjal Showa Ltd - Double Bottom Breakout in weekly time frame

Long
MUNJAL SHOWA (NSE:MUNJALSHOW)  
SHRIHARII  
NSE:MUNJALSHOW   MUNJAL SHOWA
Trend Analysis Chart Patterns Flag Double Bottom doublebottombreakout Bullish Patterns breakout flagbullish Bullish Flag consolidation
3
0
trendanalysis chartpattern flagpattern doublebottom doublebottombreakout bullish breakout flagbullish bullishflag consolidation
MUNJALSHOW

1) Time Frame - Weekly.
2) Long Term downtrend breakout happened on June, 2023 and the stock has been consolidating since june 2023 & gave a double bottom pattern breakout with strong bullish candle & good volume.
3) The next target would be its life time high in the long term (313 - 63%).
4) Recommendation - Strong Buy
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