Pudumjee paper- A paper rocket to fly 100% minimum in long term1. A decisive breakout above 130 is needed and it should sustain above it atleast for 1 month.
2. First target – 180
3. Second target – 100% minimum from current price depending upon the time it takes to break the current parallel channel and the 180 resistance.
Note: This is for educational purpose only and not a trade recommendation.
Pudumjee
Pudumjee Paper Products cmp 136 Daily Chart view*Pudumjee Paper Products cmp 136 Daily Chart view*
- Support Zone 102 to 106 Price Band
- Stock Price trending well above the Rising Support Trendline
- Volumes surging well above the Avg Traded Qty over past few days
- Stock made Triple Bullish Rounding Bottoms with neckline at 126 level
- Daily basis Support at 122 > 106 > 93 with the Resistance at ATH 137.40