Buy ANANTRAJ above 66 T1: 76 T2: 82 T3: 100 SL: 56
watch out for this one.. the stock has potential to give a 5-6 rs spikeup..
Daily charts of this Real Estate company show higher highs and higher lows as it trades in the upward channel. It broke above resistance of 45-46 levels (aug 2015 & Jan 2016) in June 2016 topping at 62 levels and then crashing again below the 45-46 level (which failed to act as support) in nov 2016 making a low of 33 (almost 50 % correction). In feb 2017 it...
Went long at 45.50 SL 39 for a target price of 60 (2-3 months)
as we can the bearish engulfing pattern there and bearish divergence there short the stock and price below 8 ema
ANANTRAJ seems to be a long at cmp and more over 64 .. SL 45. ( SL at the big bullish volume bar low )
Volume building up at 60-61 level.Looks good for triangle B/O.