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Disclaimer... invested for some positional trading, but not for the longer term..
There might be a big correction back to sub1k levels coming by the end of this year., which is most likely the entry i will be doing for the longer term ...
Having said that... i am bullish on the prospects of the business...
here is a fine compiled report from dolat ...
Stock in ranging movement .....and currently at best support area...cmp 985 go long for 1200
Looking very good for investment. For medium term target 1500+
rounding bottom and triangle breakout. will lead to sharp upside
Happy in Investing.
In daily, price bounced from trend line support with good volume,
regular bullish divergence formed here, https://in.tradingview.com/x/EZ3qLR5T/
also BB is expanding and candles are riding the upper BB https://in.tradingview.com/x/Vv91bIVB/
also in weekly, good probability for round bottom formation https://in.tradingview.com/x/oR8HotlX/
sl - 845, tgt1 - ...
Stock likely to enter strong Support Zone & So Look 4 Dips With 3-6Month View
Buy Around 915-920Rs With A Stoploss of 890Rs