TAKE Daily looking bullishTAKE Daily looking bullish, it has trendline breakout/ inverted head and shoulder breakout with 200 ema support on daily candle. Good to buy at 23.60 for target of 38.20 with sl below 18.25
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Take
#EXPLEOSOL Expleo Solutions #ML #AI #IOT #IT #BLOCKCHAIN #MONEYNSE:EXPLEOSOL
Expleo Solutions Ltd.
NSE:EXPLEOSOL
Risky but could be a great trade
RR Ratio > 4
CMP: 1127
Target 1750 almost 50%
SL: 975
Time < 6Months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Take Solutions: Nice Follow Through ActionI had shared my thoughts on this stock a few weeks ago. Here is the previous post.
Subsequent to the above post, the price did a retest of the breakout area and has displayed constructive price action today. Am already long in this stock and would add more on continuation buy signal in the Point & Figure charts.