The stock has given an upside breakout after an inverse head and shoulders pattern and taking support from the neckline.
CMP 106
Targets of 115.75 and 120 can be achieved in short term while keeping stop loss of 100 on daily closing basis.
R:R (1:1.63/ 1:2.33)
CMP 106
Targets of 115.75 and 120 can be achieved in short term while keeping stop loss of 100 on daily closing basis.
R:R (1:1.63/ 1:2.33)
Note
Almost near our second target with a high of 119.45.(More than 1:2 achieved in 14 days - 12.68% Gain)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.