Raghulramdoss

Bullish view on ZOTA

Long
NSE:ZOTA   ZOTA HEALTH CARE LTD
This scrip is in an uptrend for a while and it's consistently making HH and HL. This scrip had now given a breakout from a triangle pattern with a decent volume and also there's a volatility expansion in BB so there might be a big movement on either of the sides as it had breakout from resistance i expect it to go up.
Swing traders may long now with SL of around 346 level and by going with Fibonacci the first target will be 444 which i think will be easily achieved so the next target will be around 505 level.

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