AnujDarne

Multi-year break out?

NSE:SPIC   SOUTHERN PETROCHEM
Beautiful multi year channel pattern, this stock is following channel since last 2 decades, and being this bull market, most probably it will give breakout from this channel. It has no limit of upward movement once breakout happens, we will have to watch for atleast for A month, add few quantities at breakout, wait for conformation and again add some quantities after conformation, it may take time of 3-4 months. On doubt why this is one of the favorite stock of Rakesh Junjunwala.

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