Price bounced near key support level and RSI is showing strong bullish divergence on daily & weekly TF. Good to buy at CMP for positional target of 440 (103% ROI) in medium term. Short term target should be around 300 (38.5% ROI). FIIs have increased their shareholdings aggressively and TTM sales & operating profit are highest ever in spite of margin...
Upside break out of the triangle pattern will confirm it's final 5th wave move. Approx. 40% short term target is based on Pole with Flag pattern. Good to buy around 250 level for a target of 350+ in short term. Mandatory SL @ 237 A good 7.2:1 R:R setup. Fundamentals are good. Do your own due diligence before taking any action. Peace!!
Greetings Folks, today i have prepared a setup of TI on NSE the analysis is as follows- - the price is trading in a very close vicinity to an important static resistance - either the price will breakout at instant or take some time to gather some orders - there is also some imbalance which needs to be filled, this will act as confirmation to our setup don't play...