technicals seems good .. breakout on monthly charts.. vol acculation seen.. seems a turnaround story..eps improving. for positional play
respected the gap well..but seems upside target is pending till it respect the breaout trendline
if we sustain above the marked zone then only trend will change..till then its just a pull back..
these levels act as major support and resistance..it may help us to plan our trades
stocks in blue sky zone.a poitional trade. good fundamentals too.
at these level seems to be a best buy. expecting returns in xxx... will have to hold positionally best rr at these levels
what next....coming weeks decisive move expected...... dont pre attempt let price speak
be cautious seems overownership is the cause... going into time correction and price correction
good risk reward...breakout still pending......but seems breakout candidate
monthly time frame of auto index preparing for a massive move..
Good upside seen .. RR is also good..moving out of consolidation
Rounding bottom formation... will have to remain positionally invested till stock makes higher bottom formation