PODDAR PIGMENTS | Huge volume breakout | 25% output expansionCMP- 407
SL- 299 (closing)
Target - Open
(Enter the stock near 360-320 by pyramiding on every dips)
25/7/21
Good stable fundament stock, almost debt free.
- Stock has made a HH, HL market structure, more clearly visible on daily charts
- Resistance was broken with huge VOL surge and made a decent weekly candle
- Above all moving average on D and excellent crossover on W and M
- Parameters positive
- Highest ever Volume on NSE with around 40% delivery
- High chances of retracement as stock has made a straight line move above resistance
ACCUMULATE THE STOCK NEAR 360-320 zone for better risk reward.
