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Buy at CMP 776 or in the range of (765-775)
Chart features :-
1. Flag & pole breakout.
2. Fibo support of 0.236
Additional feature of increase in sales since a couple of quarters.
Target of 900 in short term with risk reward of 1 : 2.36
Stock is in a bullish trend. Increasing delivery volume indicates also indicates bullish bios. It is likely to break the wedge pattern in the near term. Closing above 731 will confirm the breakout. We can expect a wedge pattern target of 875 in the mid-term.
targets on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.