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Rugminik

ELECTROSTEEL CAST A 50% ROI Idea For a Mid Term Holding

Long
ELECTROSTEEL CAST (NSE:ELECTCAST)  
Rugminik Updated   
NSE:ELECTCAST   ELECTROSTEEL CAST
Supply and Demand Multiple Time Frame Analysis Support and Resistance electrosteel swingtrading swingsetup investment stockstobuy equitytrading indianmarket
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supplyanddemand mtfa supportandresistance electrosteel swingtrading swingsetup investment stockstobuy equitytrading indianmarket
The stock has given a 15 year breakout in Yearly timeframe.

It is in strong uptrend, trading above 15 year high.

Weekly and Monthly are showing inside candles, consolidation is happening.

Entry :- Buy on each dip, for now at current market price.

Target :- 155,175,200.
Comment:
Stock has moved by 7%.
Comment:
1st target of 155 done, stock has touched 161, one can trail profits. 20% ROI.
Comment:
52% target achieved in very short term, another multibagger.
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