SUPRAJIT ENGINEERING- Stock almost bottomed out, Good to buy for 1yr for 300+ targets, Stock is not a runner but a Good Value addition. Current date :- 01-Oct'18 CMP- 237.35 NSE:SUPRAJIT
Suprajit long only abv 300! Ascending triangle in formation! Once price breaks 300 on closing 1st tgt can be 331 -332! At the same time CCI will also cross abv 0 Lvl to add confirmation for break
We have seen that the basic formation of Trend Analysis is Higher Top Higher Bottom formation & Lower Top Lower Bottom formation. Prices have recently corrected from his recent highs and it was shoot up yesterday with GOOD Volumes. If we judge it as Higher Top Higher Bottom formation we can see that Prices can make new highs above 337 or levels. If prices breaks...