After making low in Oct 2020, Stock has recovered with making higher high. Stock is moving in a wedge and is ready to give a wedge breakout. It has also given rounding bottom breakout on a daily chart. We can expect rounding bottom target of 235 in the near term. Also, the stock has the potential to break wedge and can give further target up to 300 in the mid-term...
Detailed including Levels, Plotted & Mentioned on chart.
Best Entry Level @ 307 to @304.
Trade as per Specified level with description.
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Snapshot of WEEKLY Chart
Srikalahasthi Pipes Ltd. engages in the manufacture and sale of pipes. Its products include ductile iron and flanged pipes, cement, coke, and pig iron. The company was founded on November 1, 1991 and is headquartered in Chittoor, India.