Nelcast : +62% to +348% Upside Potential

Dec 21, 2022

Nelcast 21 Dec 2022

In Play : HH-HL

Summary
- Breakout with huge volume
- Classic Cup & Handle
- ATH is at 119.75(20 Dec 2022)

Conclusion
- CMP 118.40
- Position can be initiated for potential targets
- Higher targets could be around
• Short Term - 152/180 (3-5 months)
• Mid Term – 217/244/292 (6-12 months)
• Long Term – 426-531(18-24 months)
Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat