Recent Fall in Midcaps seems to be a good opportunity especially for real estate sector and the recent quarter results happened to be really good.
One can plan to take small qty at around 11 with stop loss of 9 and
gradually increase your allocation till 15 for potential targets of 17/20/27.
Once it crosses 27, SKY is the Limit.
Don't exceed your position...
Target and Stop loss plotted on the chart. There are no fundamental triggers that can be interpreted while publishing the chart. The company has been in consistent losses, so please remain cautious on such stocks and don't place more than 1% of your capital on to this stock.
Cup and handle Pattern on weekly charts
Breakout and retest with good volumes
long term consolidation
CMP - 26
SL - 22
Tgt - 31/33
Pls follow proper risk management
in weekly - price broke the trend line resistance convincingly with high volume. also BB is expanding
in monthly - price reversed from long term support zone, and moving up.
with a sl - 12 1st tgt - 36, 2nd tgt - 43.
