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CELLO

Cello World - PositionalIn the last few months, the stock had been traveling in a rising wedge pattern. Recently breached the channel in downside. At present trying to enter the channel again, after taking support at the 860-870 zone. That has been a good support level in the recent sessions. If crosses 930, with good volumes and sustains the momentum, further targets may be 1000/ 1120. If sustains below 860, the setup will go weak. This illustration is only my view, only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
NSE:CELLOLong
by anandlive