Asset: Salzer Electronics (SALZER-EQ)
Breakout Level: Above 855
Confirmation: Flag pattern breakout with increasing volume
Target: 900+
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Salzer Electronics is exhibiting a flag pattern breakout above the 855 level, indicating potential bullish momentum. Increasing...
The Relative Strength is better than its market leader Havells India.
Awaiting a Multi year Breakout.
Inverse Head and Shoulders Pattern is formed and travelling in a Parallel Channel.
Very Low risk but the Reward could be very High.
#SALZER
BSE:SALZER
Salzer Electronics Ltd.
CMP: 129.75
Target: 160 +
SL: 116
Time Frame: < 2 months
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