You can go to long on this trade with a good risk rewards ratio.
ANIK INDUSTRIES broke out of a counter trendline with good volume. Can expect a good up-move in short term. CMP - 41.50 Target - 50/58 SL- 34 There seems to be a minor resistance near 45 levels. Entering 50% after closing above 45 will be suggested. Study the stock & Trade Responsibly.
Trading is the buying and selling of securities, such as stocks, bonds, currencies and commodities, as opposed to investing, which suggests a buy-and-hold
Google their project - One Rajarhat. Set to delivery on next Puja. PS: I myself visited the site. They have huge real estate portfolio owning a huge chunk of land in AA I of Newtown. As per the charts. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in...