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A possibility of going high from here....as per the trend and also by the results date
Zuari breaking above two falling trendlines with good volume and price action!! Above 540 it will explode! CCI 100 has already broken above zero level marking reversal from current downtrend/sideway move!!
ZARI- trend line support and managed to closed above 200 MA
ROUNDING BOTTOM ON DAILY CHARTS.
BUY FOR 650/660. SL 510
TIME HORIZON-1 MONTH
Zuari Agro managed to bounced from Trendline support .
Stock may show further upward journey.
My mates can use the recent trading opportunity generated as nicely formed Flag pattern has given breakout with volume. It can easily scale above 400 in coming days. I like this kind of setup being reliable, fast and offers good risk to reward ratio..
Buy Zuari agro only above 200 or close above 200 below side ways movement above can tocuh 250-300-350