Shalby NSE:SHALBY has given a Bullish Inverted Head & Shouldwe Brekout. Breakout Level already tested. So one can look into it to make bullish postion. Entry@128, Target@141 and StopLoss@123. Stop should be followed on weekly closing basis NSE:SHALBY
SHALBY Buy-Above 130 Sl-112 T-155 165 180 Short Term To Mid term SHALBY has been in correction phase since last 7 months. On 4th April the stock has given trendline breakout of the whole correction phase. Suggesting some kind of retracement of the down move. Stock has made double bottom and the neckline is also tested. Stock is good in Short term to mid term.