Less than 30 days !! more than 30% returns booked
Trade was simple.. it was crossing it previous 52 week high with a great green candle.
So i just bought it at the end of day..
It never came down after that .
Chart -> Seshasayee Papers Daily
After 4 times trying to break 195, finally on last Friday it broke out with big bullish candle and volume confirmation.
CMP: 202
Next levels: 228, if 228 broken -> 244, if 244 broken -> 270
Stoploss: 174
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult...
Sesha Paper managed to clear a very strong weekly resistance (~195) and closed above it this week. The stock has managed to close at a 6+ month weekly high with impressive volumes (esp on the daily chart). In my view, upside momentum should continue in the short term atleast and the stock is a great trading buy.
Buy Seshasayee Paper at CMP
SL: 194 DCB
TGT:...
