1.Accumulation Phase of About 1 Year 2.Increased Volume during Accumulation Phase 3.Big Breakout on Weekly TF with Big Volume 4. Retest of This phase is also done 5. Price Respected Breakout zone of 150-155 6. Rejection & Buying Confirmed on Weekly TF
Fundamental Data Analysis 1.Company is posting Increased Quarterly Results 2.Fundamentals & Company management is strong 3.Big Institutions also increasing stakes continuously 4. Kind of monopoly listed player in Market (Study BSE for monopoly listed player) 5. Consistently growing business & market share
Buy at CMP @155-157 SL- @135 Target 1-310 (100% Returns) Target 2 - 410 (More than 150%) Time Period- Next 6-12 Months