Moksh Ornaments LtdMOKSH ornaments Ltd shows a bullish C&H breakout, indicating a strong buying opportunity. This pattern suggests that the stock is set for further gains, with the breakout already confirmed and retested successfully. The volume build-up during the breakout is a positive sign.
Moksh faced resistance ~24 level but has broken through, suggesting a move higher. The projected target is ~30 upside of 27% from the current price.
For risk management set a stop loss at 19 to protect against any downturns.
For me Moksh appears to be a great buy based on the current technical setup, with the 30-target expected to be reached in the next 1 to 3 months, provided the market remains supportive.
kindly note that this analysis is only for study n educational purposes. Its not a buy, sell, or hold recommendation. The insights shared are based upon technical chart patterns.
Investors Traders are advised to conduct their own thorough research before making any investment trading decisions.
Thanks
@vijaigautam