NeeteshJain

Viceroy - Consolidation Phase

Long
BSE:VICEROY   VICEROY HOTELS LTD
It is been observed on the monthly chart that the price action is consolidation between 30-15 levels, and now the price action is trending up and reaching to previous resistance of the consolidation at around 30 levels. It shall further provide a big move once it breaks and close above 30 levels.

Target: 30
Stoploss: 23
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