I hv started buying for long term investment , as per my study strong hands are accumulating this stock.
PRATAP SNACKS MAKE BULLISH ENGULFING ON DAILY CHART ALSO TRADE IN OVERSOLD ZONE WITH RSI OF 15 . SO ONCE WE ACCUMULATE THE STOCK NEAR 850 FOR TARGET OF 5 TO 8 % UP MOVE IN COMING DAYS . BUT WE FOLLOW THE SL OF 820 ..
Distribution Accumulation Participation phenomenon ! Buy at 1220-1200 Target 1400 CBSL 1110 RR 1.72 Use 2.5% of portfolio to invest in this setup