Stock of the week is SCHAEFFLER

This week stock is SCHAEFFLER
CMP: 1851.75
Target : 1935
SL: 1740

Reason:
Stock has been making consistent higher high pattern since 19th Oct 2020 despite the market turmoil we are witnessing in the market
RSI above 50 shows continuing momentum in the daily chart

This analysis is only for education purpose, do your own analysis before investing.

Trade closed: target reached:

Target achieved