A very simple chart with a breakout. Spotted a little late.
The quality of the stock talks more than its technical. The stock is bound to climb as its a consumption stock. Mostly everyone needs a shave almost everyday.
Time frame though can be a weeks to a month.
Targets are around the 6450 - 6530 mark. One can look for targets even beyond the targets mentioned in the longer term. It's an investment stock.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
The quality of the stock talks more than its technical. The stock is bound to climb as its a consumption stock. Mostly everyone needs a shave almost everyday.
Time frame though can be a weeks to a month.
Targets are around the 6450 - 6530 mark. One can look for targets even beyond the targets mentioned in the longer term. It's an investment stock.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
Comment:
Stock is above Support of 5406. Keep you stop loss as per your risk appetite but no lower than 5406.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.