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Paras_gujjar
Mar 10, 2023 7:23 AM

GANESH BENZOPLAST  

GANESH BENZOPLAST LTDNSE

Description

GANESH BENZOPLAST
Stock with 70%+ returns last year
Near it's ATH
Pattern observed : Ascending channel on weekly chart (Perfect pattern)

Seems to be a buy above 180 as it breaks the channel on weekly chart
Target : Around 230

Also :
Observed RSI Divergence on 1D chart so can go for short if fails to break the resistance
Target : 145-140

--But Adding small quantities for short will add more if Breakout fails .. or vice-versa !!

Note : Just an idea no personal recommendation to buy or sell with me #Be wise #Ideasshare



Trade closed: target reached

Reversed from the defined point of target so now change to buy
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