GOODLUCK : cmp : 128.8
A big bullish candle has benn formed in D & W chart.
Closed above the resistance lvl of 120-122.
May test ATH and beyond.
So good to accumulate on dips.
TGT 141/153
Sl 114 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
A proper retest also happened after breakout leading to more conviction. A good fundamental stock as well. Can be bought for a short term target of 110.
CMP-102.5
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The stock is trading well above it's 200 DMA and is in a strong upward trend.
If it is able to break 80 and then sustain above 85 on closing basis in coming days, it has potential to cross into the 3 digit zone in the medium term on the back of sound sectorial gains.
On the verge of Break Out.
Support/Demand Zone.
Above Fibonacci.
Above 21 EMA.
Fundamentally Good But Wait For Break Out.
As Per Internet Data Book Value : Rs. 117.
P/E. : 8.37, Industry P/E. : 15.25.
Buy Above Given Levals Only.
Investment View For Educational Purpose Only.
Other Details Mentioned in Chart.
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Chanel breakout at CMP 99, but we will waiting for confirmation of once it crosses todays high i.e. 103. So will initiate buy above 103 for target 120 and 135. One can keep SL of 90
