In weekly, double bottom formed then breakout happened above neckline, also round bottom formation is in progress,
also candles are pushing the upper BB upward and BB is expanding
with a sl - 93, 1st tgt - 132, 2nd tgt - 168, long term tgt - 229
DEN NETWORKS LTD
BUYING ABV :-106
BUYING RANGE:- 106 TO 103
TGT :-125 130 134
Everything mentioned over chart... Not SEBI Registered ...
Views are personal... Consult your investment adviser before making trade....
consolidation appears to be coming to end stage at bottom levels. And stock is finding major resistance every time around 100-105. A break out may happen at 105 level. and next resistance is at 120 levels.
Its only an opinion and not recommendation in any way for investing or trading.