NeeteshJain

SIMPLEXINFRA - Good Investment Stock

Long
BSE:SIMPLEXINF   SIMPLEX INFRASTRUCTURES LTD
It is been observed on the weekly chart that the price action breaking above the current downward trendline, indicating buyers dominance over price action and a further move up. It has also formed inverse Head-n Shoulder pattern, which again indicating a reversal and a bullish move ahead.

Target 1: 360 (1:1)

Target2: 410 (1:2)

Stoploss: 260
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