Simple Price Action Analysis.
Travelling in a channel.
Breakout after a consolidation forming a base however there was a rejection from the top as well.
Since the price is above the Ichimoku Cloud, it is safer to enter only when it closes above 458.
Short Term Pick: 30% to 50% in 2-4 Months. Looking at price how it is behaving, we can see a breakout soon. Ideal level would be above 176 with confirmation on daily level. We can see 215/270 or above on cards. Price is moving in ascending triangle and could have strong breakout. NOT SEBI REGISTERED, INVEST WITH CONSULTATION OF A FINANCIAL ADVISOR. View solely personal.
Welspun Investments & Commercials Ltd. engages in the provision of financial services. It operates through the following segments: Finance and Trading . The Finance segment is comprised of investment and dealing in shares and securities. The Trading segment encompasses the trade of textile products and related accessories. The company was founded on October 7, 2008 and is headquartered in Mumbai, India.
NSE
