Trend is the Friend : SAIL Long!
Updated
Uptrend started in Feb 2016 is still intact, moreover it has formed a beautiful up sloping channel recently. I would go long here with Stop Loss 46.40(Closing Basis) and look for a target of above 57. Worth taking risk with good risk to Reward ratio.
Note
Stock is doing very well continue with trailing stop loss for the target.Trade closed: target reached
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