this stock is sky rocketing. Target 1000 EPS 50 buy with sl 450
Since Nifty has formed a double bottom and trading above it we can conclude that downfall has been arrested and it is in the mood of going up. Point is where is the next entry for long? I would watch the area around 8240 - 8260 for price action at that level.
It is been observed that the price action moving up making Higher highs and higher lows. It also breaks above new resistance and now it shall further go up Target: 177 Stoploss: 166
After trending down for a while, today I observed a clean price action breakout from the trend line, it shows bullishness in price action and it shall continue it to the next resistance level marked as Target 1 and Target 2. One can go long in this with stoploss at 49
Now the price action is building up momentum on 30 mins chart as observed. It shall move up to 564 levels. Stoploss 541
This price action is trending up with good volumes and now breaking out from downward trendline. It can also be said as a short term trend change. It is good time to cover shorts and buy long positions in this one with first target to Fibs of 61.8 at 77-78 and stoploss of 73
The price action broke out from the consolidation symmetrical triangle and as per its measurement target is expeccted to reach at 145 levels. Target: 145.40 Stoploss: 135.40