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Might just correct till or below 150 levels before any further good move. TGT 150 sl 170
Another stock breaking out after a good round of consolidation. Strength can be expected here as well!
Stock has given strong breakout after a long phase of consolidation. This can either by flag or symmetrical triangle irrespective of the case the stock is gonna explode CMP- 179/180
in case if its flag stock should go upto 350 with a sl of 135
in case if its symmetrical triangle it should to 250 easily with a sl of 157(breakout level)
ock has given a good breakout, The stock can now move towards 200 and more.
Weekly close above 160 important.
Riskers can buy it now with SL of close below 150
Nandan Denim is poised to breakout from its 2 year long rectangular consolidation above 156. If BO sustains above 156, target is 210.
After 1.5 yr consolidation, the stock is making a break out. If a close above 160 odd levels is sustained, then good times can be ahead for the stock. A trailing SL of 148 on closing basis can be seen
Looks like strong hands are trying to take it higher..Buy if closes above 130 for target of 175-185..130 to become immediate SL..
Only for educational purpose..
Nandan Denim cmp 122.90 a trading bet as of now...
tgt 128-137-143 SL 117
double top buy inPnF
Nandan Deninm is trading in a side way
symetrical triangle pattern for long time.RES:136
support :107. if not supported here,
on break of 107 this may fall down to 70
in coming quarters.