Stock looking superb on weekly chart and its also break some important resistance like 170 level and 190 level but close below 190, So as per chart a buy position can be incite at the 172-186 level with stop 168-170 level with target of 210/240/new high,
* Remember its low volume stock so do not put stop loss or target order.
* maximum 2%-5% investment of your capital.
The stock seems to be breaking out of a good range and could see further strength coming in the coming period! High beta stock hence stop loss adherence is advised!
Pearl Global Industries Ltd. is a holding company, which engages in the manufacture, design, sourcing, and exporting of ready-made garments. Its product range includes knits, woven, and bottoms across men, women, and kids wear. It operates through following geographical segments: Bangladesh, Hong Kong, India, and Others. The company was founded in 1987 and is headquartered in Gurgaon, India.
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