We can see in weekly chart Suven has given good return in long term.. In past it has given good return from 25 to 300 in Aug 2013 to april 2015... 1.5 years.
It has just finished the rest... right now (190-200) best time to enter. with 160 sl.. target 450+ in 1-2 years.
Should keep it in the portfolio.
Suven life sciences at Rs 170, promises to defy gravity as it has reached the bottom.
Scrip has fully bottomed out, resting on 200 Week MA.
It is also in a declining triangle, with a firm flat support between 148 ~ 163.
It needs a volume breakout, although pricewise it has reared its head up at Rs 170 now.
Catch in an infant stage is what it is presently appearing...
