Multi week Neckline of classic Head and Shoulder pattern is in the area of 145-148, chances of strong break out with good volumes in coming days as the momentum indicators like Monthly, Weekly, Daily RSI moving above 60 showing strength.
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Upcoming few days are very important for this stock...if stock continue to hold it's momentum then we can see new high very soon.
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Slowly and steadily gaining momentum week on week. Weekly rsi above 60 showing momentum intact.
Trade closed: target reached
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Looking good for long term....Short term target reached. Thanks a lot.