Currently stock is making new high after many years. This is good breakout with good volume. Can see good levels in near future. Fundamentals are good too.
SHORT TURM BUY (EDUCATIONAL PURPOSE ONLY)
THIS TECH STOCK IS ON A VERGE OF A BREAK OUT CAN TAKE AN ENTRY WITH A STOP OF 70 AND TARGET OF 140 TO 150 ZONES
Disclaimer : Only for educational Purpose Risk Manaegment is the key to trading success, trading is an art, learn the art!!!
Good Price Action happening in stock, can give BO. Levels to watch above 100. Plan your trade accordingly
posed for a breakout of the all time high and it has increasing volumes also target 120
#Cybertech @ 53.30 1. a slanted Cup & Handle breakout (W) 2. trendline breakout (W) ACCUMULATE for positional trade. #Nifty #Nifty50 #smallcaps #midcapstocks
See the chart for target and SL
A clean chart...with a nested 1-2-i-ii. If price can hold 58 on day closing basis..expect the 3.3 of unravel. Please keep the above mentioned stoploss absolutely sacrosanct.