SPARC CMP 182 Symmetric tangle breakout Buying accumulation in stock near term target 200 as per FIBO & WAVE long term target 250 With Sl 159 Closing basis
This stock has comfortably trading above 200 EMA . It is also forming a ascending triangle formation, yet to give a breakout. Buy at current prices first target will be 192. 192 - 200 is major resistance. looking at the buzzing pharma stocks, I expect good momentum. In case it crosses 200 - 215 levels there will be big breakout and stock may head to 245 which is...
Goodluck Capital Recommendation
Buy Range - 120-138,
Target - 170-190,
Stoploss - 105,
Duration - 3-4 Months,
Potential Return^ - 35-50%,
Maintain recommended stoploss by daily closing basis.
Once 1st Target hit, reset stoploss at 153.
^ Potential returns are calculated based on the median of buy range.
Nifty is turning into negative mode. Kindly take shot entries at red colored area. Kindly take position at your own risk. We are no way responsible for your misunderstanding.
