OFSS Cnfirmed Breakout

Jan 5, 2021

OFSS has given a confirmed breakout above Rs.3400 after making us wait for a few months. It had formed a reverse head and shoulder pattern prior to that. The stock is expected to reach a target of Rs.4350 in a few months time frame (1-3 months). The counter is a slow moving one. Stop Loss at Rs.3340 on Closing Basis. Upward Target can be revised if Rs.4350 is taken out swiftly. As of now, keep targets and stop loss as suggested.