MANAKALUCO has given a breakout on its weekly charts from a much consolidated symmetrical triangle pattern. Target range would be equal to the range of the triangle i.e. Rs. 5.05 from the point of breakout. This provides a target of Rs. 15.25
NSE:RECLTD #GOOD_TO_KNOW #FRESHVIEW 25.04.2021 #REC CMP 126 A LITTLE MORE CONSOLIDATION POSSIBLE BUY RANGE 100-125 PRICE MOMENTUM 100-105-112-120-126-136-148-160 SL BELOW 95 SHORT TERM VIEW #SYMMETRICAL #BREAKOUT #MULTIBAGGER
1)MONTHLY CHART -The stock managed to close above its previous crucial resistance zone -we saw a pennant breakout -macd turned positive -rsi at 59 needs to cross 63 for higher levels which will be achieved in the coming months -if the stock manages to close above 1478 on monthly basis then we will achieve higher levels MONTHLY TRADEVIEW BUY @1480 STOP...