Target 1500 plus.
1) Stock has broken out of the consolidation zone with good volumes
2) RS / MACD / Stoch all satisfy buying conditions.
3) Target as per a similar previous pattern observed in the Stoch . Trail price to get max benefit.
Seshasayee Paper & Boards Ltd:₹ 751
The stock is trading at support level in an ascending triangle.
An ascending triangle is a bullish formation that indicate accumulation,
usually forms during an uptrend as a continuation pattern.
Resistance :₹ 847 on breaking above ₹ 847 the stock can reach new heights. Stop:₹ 740