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TrendReversal !! Invest !!

Long
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NSE:ZODIACLOTH   ZODIAC CLOTH CO
🟢Its trading much below the ATH price. Monthly RSI crossed 55.
🟢2W charts indicate capitulation and trend reversal near 78.
🟢Momentum invest trend follower given buy signal in W chart.
🟢Invest in ZODIACLOTH @115. Add on decline @108/92 SL=78 MCB.
Comment:
#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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