It seems that the stock has bottomed out and will advance up from current levels. The stock is currently trading at 430 levels.
The first target will be 510 which is roughly 18% from current levels.
Keep a view of 5 months and buy.
Keep Stop loss of 387 initially on weekly closing basis and trail the stop loss once it goes in our favor.
**Ideas are my own** Invest as per your risk taking ability**
The first target will be 510 which is roughly 18% from current levels.
Keep a view of 5 months and buy.
Keep Stop loss of 387 initially on weekly closing basis and trail the stop loss once it goes in our favor.
**Ideas are my own** Invest as per your risk taking ability**
Comment:
Initial target of the stock is achieved. Kindly hold the stock there is still momentum in the stock.