we see in the chart that the stock changing its momentum
we will see that the stock will give good returns on the monthly chart
Central resistance zone between 235 to 310 rs approx.(+-5)...above 233 will see a sudden change in north direction...book profit at 300 rs and if broke 310 monthly then the stock will show further momentum
first target:235
second...
stock consolidating from 2007 in the range of about 10 to 50.Nowdays stock trading in between 50 to 65.If stock broke 65 and trading above it for long time then stock will give good return in long term.Wait for monthly closing of this stock.You can also take short term trade or intra-day trade above 63 rs in this stock...Target will updated soon...
Caution:some...
Answer is big yes !! NTPC s a power sector company with huge profits we can enter into this at this time if it sustains above it's level . Fundamentally it is very strong because it is just moving around its B.V and providing huge profits and dividend. If it goes up we can accumulate it in as percentage for higher returns .So, we can enter into this but if it...
Today, I am talking about small Bank who spend almost 1.5 yr+ period in lower Zone @30-40 and BankNifty is at all time high. i feel that it will give a amazing return (80%+) in 3-4 month horizon.
Trade Point.
1. Double Bottom Pattern @40.
2. All time High volume in 3rd week of Sept21.
3. Near By Important trend line (Already taken 4 time Resistance with low...
Very Good Fundamentals.
very good pattern, easy target.
Do your own studies.
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