Panchalk

BO and Moving up

Long
NSE:FSL   FIRSTSOURCE SOLUTI
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2
FSL is looking good to reach 175 for short term or intraday....Target is 197 but that is for longer term...It has climbed out of the channel few days ago, so ideally you should take the trade when the stock comes out of the channel with GOOD VOLUMES, for best risk/reward ( that is the best case scenario but you can still go ahead and trade after considering other parameters like candle sticks, S&R, if it has crossed 200 EMA etc..). This is an idea
Comment: It is already up 8% today
Comment: First source up 17% today. 197 was the target. it is now at 204. Cheers
Comment: 11% up on friday...IT stocks are having a good run..CMP 224

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