GLOBUS SPIRITS LTD NSE:​GLOBUSSPR

GLOBUS spirits weekly chart study. Marked the region where one can buy with a stop loss below 96

Gapup CCI(W) crosses 100 CCI(M) > 100 In conductive zone till 187

Globus Spirits give a cup and handle on daily chart

Chikou in free area tenkon above kijun last close above 9 day Moving average stock still above 200MA stock Above cloud Buy above 188 target 195 (monthly high) Stop loss 183 Sell below 160 target 152

Technical Analysis : Monthly Chart Chart Pattern Breakout August 2018 Candle Close @ 184.20 Technical Target :300

A 7 and a half year chart in the making giving a good Cup and Handle Breakout on the weekly time scale with good volumes!

Small resistance is at 112, if stock crosses it successfully then we feel stock can see @ 150 levels in medium term. So Stock can be buy at CMP and follow the way

dilemma in globus sprit

GLOBUS SPIRITS LTD GLOBUSSPR - Charts are looking very good with limited downside risks and potentially 100% + returns in 12-18 Months Sl can be applied as per your risk apetite

Pattern: Wedge CMP 73 Brkout retest: 68 SL - 62 Target - 95

The price have reached a point as lowest compared to historical price I'm will be keeping watch on this stock as to look for reversal sign , once the Major investor starts investing I will look to joint and hold for Long term My Projections are I'm looking to enter once the price Mark up to 68 with stop 60 for Target of 100 in 3 Months to 5 Months Good day