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!!
