π’Its trading much below the ATH price. Monthly RSI crossed 55. π’2W charts indicate capitulation and trend reversal near 78. π’Momentum invest trend follower given buy signal in W chart. π’Invest in ZODIACLOTH @115. Add on decline 108/92 SL=78 MCB.
Note
#ZODIACLOTH is up by 40% in just 4 days i.e. 115-160. Most importantly its trading near 4 years high which is one major neckline. Break out above 162, it can move towards 250/282 which is the next hurdle. In between profit booking should be an reentry opportunity.
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