VAISHALI - Rounding Bottom Breakout on Daily Chart

Sep 13

Vaishali Pharma gave good rounding bottom pattern breakout on daily chart. This stock is from pharma sector and the pharma sector is currently in good momentum. It has potential to give 20% to 30% return in 4 to 5 weeks. So keep watch on this stock. The target level provided are based on Fibonacci retracement levels which is ₹223 ( 1.33 retracement level) as 1st target, ₹245 ( 1.66 retracement level) as 2nd target and ₹272 ( 2 retracement level) as 3rd target