Bullish parallel channel breakout.
With budget around the corner and these guys having a presence in namami gange and river linking projects. this scrip may be looked into.
Buy at CMP 520 for a target of 615 which is approx 20% return in a period of 30-35 days.
Stop Loss shall be maintained at daily closing levels below 502.
Notes on the chart.
Always follow your trade management rules before trading my ideas.
Trade safe, stay healthy.
Do hit the like button for better ideas in future.
Regards
Bravetotrade
Share has formed Inverse Head and Shoulders Pattern (shown in graph). EMA 12 days has also crossed EMA 26 days(shown by blue and yellow line). Share is Bullish now.
