Flag Breakout Looking Good Bullish Bias Buy at CMP SL 80 Target 130-140
*Volume with delivey (al all the levels) *verge to breakout *flavroud Sector Something is happening here..
Buy above - 86.00. Stoploss - 82.50. Target - 100.00
SMS Pharamceutical is testing the support level with decrease in volume in Relative strength sloping down.
tgt 80 only for educational purpose
Added at lower level, moving without noise, let us see how far it will go.....
nice build up for long run. it'll make high of 88 - 90 in next 2 to 3 months..
disclaimer.. not an investing/trading recommendation
I am looking two different possibilities in this script , 01) It can retrace and turn strong with shallow pull back from Current level 02) It will head down and brake the Previous Low and then Turn strong for Up side Move Which one will happen , Price action will confirm , when there is strong reversal I am Looking go Long
NSE:SMSPHARMA Buy Range - Rs80 to Rs87 StopLoss - Rs69 Target 1 - Rs110 Target 2 - Rs123