buy above 121 with strong bullish candle ( 1hr tf) sl 115 targets 130,136,140 targets are marked follow risk management do your own analysis do workout do meditation start reading book
DEEP ENE RESOURCES - CMP 54.55 MONTHLY ANALYSIS - TRENDLINE BREAKOUT BUY FOR TARGET 70- 88- 125- 167- 235- 300+ TIME DURATION 3-5 YEARS
Note: This is for educational purpose only. There seems to be a bullish hammer at 200 SMA which also coincides with 0.5 and 0.618 retracement levels which might prove to be an area of confluence. Moreover, there was a bullish breakout with high volume from 200 SMA and there seems to be a retracement back on 200 SMA. SL: ₹ 40.9
The stock looks good above 48.85 (closing basis) for positional targets of 53 and 57