Eveready Industries shows cup and handle pattern clearly in daily chart. Can go long for up move from here with a stop loss of 150. High volume can also be seen. According to technical analysis, long term targets can be seen around 275. Happy investing :)
Action - Buy
Target Price 2300/-Rs
Stop Loss - 1843/-Rs Below Closing
Cup Pattern Breakout at 2029/-Rs
MACD Signal - 5.69 Turning Positive
Note - Volumes Have to pick up As trading Below 10D AVG Volumes 137.957K
Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell...