Stock have made a nice rounding pattern and is on the verge of breakout. Volumes have increased too. Keep a watch. Once breakout with volume support it can test 193-215 levels above.
Disclaimer: This is just an analysis. If you want to trade then due your own due diligence and trade on your own risk.
NSE:PRIMESECU viewpoint
the stock has given good breakout on weekly time frame sometime back around 118 levels
cmp is 132
potential to give 50% gains in coming months
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
Prime security- on the verge of breakout above 130
Consolidation since oct 21 from 90-130 on weekly chart and now ready for breakout above 130.
Buy above 130 on daily closing.
Sl 122
Tgt 138-154-180
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
