CMP 484 Long suggested above 495. Stop 420 Target Open
Logic: Weekly chart 1) Passes MM trend template. 2) Price currently bounced from value zone and trading just above R4 cam pivots with good volumes. 3) Price has pierced the trend line resistance and has bounced back after making the first test with good volumes. 3) Fundamentally has been clocking triple digit growth in eps and sales for the last 4-5 quarters consistently.