Rally has just began.
Weekly Retest Done-Now RR in favour of Long
DBCorp recently gave a BO above 92 levels and moved quickly to 105, now retest done yesterday. Should start further move :)
A close above 54 will take it to 75. Strong brand, whenever you dine at Sigree, MainlandChina, Hopipola etc.....do buy shares worth same amount assuming you paid double :) Later your dine should be free :)
RCF - Monthly Close Above 100 will fuel big time rally
Heading towards 1100, 1200, 1400
Week More to Start Moving Like Rocket
1st Target 125 and then further :)
Strong Pattern Formation Support at 125, first resistance 140 once that is crossed 175 and then 200.
Can be bought with a stop loss below 120 WCB. Targets of 180-200 in the coming month.
Once BO, big targets open up. Support placed at longterm trend -line.
First Target 200 above that 2 to 3x returns
Wide Targets Open as Commodities Cycle Starts Stock is Poised to again give Multiplier Returns.
Welspun Enterprises after almost 1 year 8 months of consolidation below 200 days weekly moving average. Targets open - 123 - 140 - 170 - 199 - 250
Weekly Close above 216 opens up big targets in Sterlite - 280-300-330-480 all on cards
Target 1 - 28.50 Target 2 - 31.50 Target 3 - 34.50 Close Above that --- 62.
Welspun India Close above 75 on daily will fuel further move