Stock is at a critical point where it has held its 20 DMA support and at the verge of breaking out of the channel. A good entry point with 52.5 as SL for targets 65.5/79/97 Possible resistance levels have been mentioned in the chart. Disclaimer : For study/discussion purpose only, not a trading recommendation.
Hi, Stock is making a descending triangle pattern giving a sell signal. One can sell Future Consumers Ltd, CMP 59.75. Stop of this trade will come @ 64 RS and one can target 48 RS. I am not SEBI Registered analyst. All posts are for educational purposes. Non advisory, Discretional . No claims, Rights Reserved. I am not responsible for any loss