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 If u like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)