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Pharmasector

Kopran – Flag and Pole on Weekly ChartStock has history of moving in Flag and Pole Pattern. Pole and Flag has been created on weekly Chart, base of pole 101.3 and high of pole is 234, difference 133. Flag breakout area is around 195. ENTRY ABOVE: 195 So Target should be 195+133 i.e 328 Stop Loss: 168.8 (Weekly Close). Will Update Trailing Stop loss whenever required. Duration: 1-2 Years People who have entered at lower level as per my previous post can wait for breakout and keep trailing. Fundamentally 300 looks Fair Valuation since co has posted good Sales and profit figure this quarter. Stock can fetch higher Valuation if there figure keeps on improving. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share, follow and Comment if you like our work.
NSE:KOPRANLong
by SagirKazi
Kopran – Flag and Pole on Weekly ChartStock has history of moving in Flag and Pole Pattern. Looks like Pole has been created on weekly Chart, Pole can become bigger if 168.8 cross this week else Stock can go sideways. 140 can become good accumulation zone with Stop loss of 120.2 Targets: 2.618 Fibo ie 204 and 3.618 Fibo 243 Duration : 1-2 Years Fundamentally 230 looks Fair Valuation in fact if Sales keep on increasing in next 2 Quarter then Stock can fetch higher Valuation. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
NSE:KOPRANLong
by SagirKazi