Hello guys!
Stock is sustaining above the 50 ma net. So it's in uptrend. Therefore its a high probability trade. As you can see in the chart. I assume it'll break the upper trendline soon. Entry can be taken @cmp or one can wait for breakout with SL of the below support.
I assume it can easily be 2x in 1 to 2 months.
All is clear in the chart.
Disclaimer : This analysis is only for educational purpose & not for trading recommendation.
Stock is sustaining above the 50 ma net. So it's in uptrend. Therefore its a high probability trade. As you can see in the chart. I assume it'll break the upper trendline soon. Entry can be taken @cmp or one can wait for breakout with SL of the below support.
I assume it can easily be 2x in 1 to 2 months.
All is clear in the chart.
Disclaimer : This analysis is only for educational purpose & not for trading recommendation.