--This info is only for educational purpose--
The stock has breached its major resistance of ₹146 and is heading towards the next resistance of ₹180
So in my opinion one should buy the stock at Cmp 150-152 with a stop loss of ₹144 for a Target of ₹180
Risk/Reward-1:3(Favourable)
Also the stock is well know for high dividend payout so, if you are a long term...
This analysis is only for educational purpose
This stock is continuously in uptrend as it is making heigher high , it has been seen that after every new high the stock slides for ₹8-9 to make new lower high... So from the level of 88 the stock has corrected almost 10% viz ₹9 , the stock is trading at the support of the trend line at ₹80 and there is a heigher...
