This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help...
The stock has decisively closed above the trendline on daily + weekly charts, backed by good volumes. Recommend to accumulate between 130-140. Target 170 (Medium term). Stop loss 123 on closing basis.
Stock is done with the major correction and has bottomed out at 84/85 levels. Given the current scenario stock is poised for a take off for initial leg of up move till 134/135 levels. However the major target for the stock is placed at 192 mark.
