SHIPPING CP INDIA
Target:- 147
Stoploss:- 109
Duration:- 4 to 6 Weeks
The stock has already breakout through the resistance line and showing a green candle and which is proper indication of upside move, so we can buy this at market order. Use proper stoploss and maintain discipline throughout the trading period and use trailing stop below all the wave, the profit target was measured by the taking distance between support and resistance when pattern developed and paste it out breakout level, which is the resistance line.
