Hedge funds have started adding chemical stocks & that's visible in chart now. Base formation completed. Also this stock is leader in fluorochem sector.
Short term Target comes out to be - 3850, for medium term target comes out to be 4350 and for positional target comes out to be somewhat near between 4800-5000.
However it's just a prediction. The stock may or...
Here i have not used any indicators & simply following price action. However its just a prediction. Thus the long term target comes out to be somewhat near between 400-450 from CMP.
PS- This stock has been chosen for only an ideal case study. The stock may or may not perform as predicted or described.
One can go long in this particular stock for positional, as it has taken good support on weekly time frame & can give potential target upto 20% from current level...
TVSMOTOR is looking bullish as it has tested its support level & MACD is also crossing from its lower level & giving bullish signal. Thus it is all set to move for upward direction & the long term target comes out to be Rs 660.
However its just a prediction. The stock may or may not perform as predicted or descibed.
Here i have not used any indicators & simply following price action. According to price action, a big resistance is at 1800 levels where the stock may halt before giving breakout.
However its just a prediction. Thus the long term target comes out to be Rs 2400.
PS- This stock has been chosen for only an ideal case study. The stock may or may not perform as...
