Target 55+ // 85+
Invest & hold
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INVERTED HEAD & SHOULDER PATTERN tested & then breaksout!
Super Bullish on this stock.
From Rachit Sethia with 💚
VERY GOOD BREAKOUT ON FRIDAY..
Stock came down with market..
Thinking of entering the Stock at opening only on monday..
Volumes were High on Friday..
Can do well in Short Term for 10-20% returns..
Can also touch 120..
Fundamentally Good Company too.. Results are far better than previous years.. Debt is Reducing..
Promoters Increased stake by 1.11% in last 6 months
keep this on the watchlist .. with a spike in volume this can go further for BO.
chart analysis should be simple and clear, never force yourself to find patterns and opportunities.
Learn to Earn...
Disclaimer: for education purposes only.
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Disclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing. Thank You !!
There is a breakout generated in WELENT with good volume support.
Next Levels as Below :-
1st Resistance :- 140.00
2nd Resistance :- 175.00
3rd Resistance :- 195.00
Investment Pick: Looks good above 68 with confirmation on daily level closing for 80/90/100+ in 2-3 months. This is good script both technically as well as fundamentally. SL would be 60, keep trailing your SL every 5 points move.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor...