The Stock Had given a breakout 2 days prior and today it re tested the break out level and its moving again in upward direction. One can start accumulating this for a target of 3200-3300 with a stop loss of 2780-2820
The stock if breaks 1830 levels with good volume can give a decent move with first resistance at 1845(intra-day) and if breaks that and sustains then 1950-2000 can be achieved. One to watch out for
A DCB above 165 will confirm the trend reversal for the stock Looks good with volumes building up. One can buy positionally for target of 175/180/190 and above.
The Stock has been consolidating for lot of time with volumes also relatively less. However it has started to rise with increase in volumes as well. It has formed a Inverse H&S pattern as well as Cup and Handle pattern. One can set a target of 1150+as per Fibo Analysis, as there is no other major resistance except psychological resistance at 1100. It can retrace...