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!!
HI,
Zuari Agro is making a Flag Pattern in daily charts. Breakout of which will be confirm above 662.
One can buy above 662 for target or 860. Stop of trade will come at 580.
stk also has gape up which is touched at 590. which is not breach and bounce from that. Giving more bullish signals in future.
Keep close watch on stock and don't miss this opportunity...
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..
