heading for highs? (new to charts) for NSE:PATELENG by raghu.972

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In trendlines charts with multi year view, it looks like heading for multi year highs.
Kindly suggest

Trade closed manually

Comments

thank you. kindly suggest the target price

pruthvi_pani

@pruthvi_pani, better to book and buy other stock like techmahindra

raghu.972

Thanks for the reply sir, also request you to offer your view on lloyd electric as well.

pruthvi_pani

@pruthvi_pani,

Look at the chart of Weekly candles.
It's in accumulation zone now. Sideways from last 3 months.
Below 230 may take stock to 200-190 levels.
Close above 260 is a buy.

If you are holding the stock, average if it goes below 220 and wait for the moves later.

raghu.972

@raghu.972, Thank you very much sir, Holding it. and also slowly adding.

pruthvi_pani

@pruthvi_pani, Ok. Look other charts posted. If you find ok, start adding other also.
Personally I'm positive on TechMah and Sunpharma.

pruthvi_pani

@pruthvi_pani, Another safe bet for long term is Amaraja batteries.

Technically looking strong and fundamentally also as Electric cars boom is going to start

Personally invested in this.