Rugminik

LOTUS EYE HOSPITAL - Poised for a move of 10-20%

Long
Rugminik Updated   
NSE:LOTUSEYE   LOTUS EYE HOSPITA
The stock is trading in an uptrend in all higher time frames.

Weekly is showing reversal indication after 8 weeks of consolidation.

Entry :- 92-93
Target 1 :- 101.70
Target 2 :- 111
Comment:
I would consider 75 - daily closing basis as my SL as the July Monthly candle - low lies there after which the stock has been consolidating for 7 months.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.