There are two possibilities for this stock.
1. Stock can have a trade breakout around 153 and if this comes out true breakout then stock can jump up to 15% to 35% upside direction i.e., 175 to 206.
2. Possibility two suggests that this stock is having swing movement shown by parallel channel in graph, having swing trade moments since April 2021.
The most possibility is of number 2, stock is just having its swing trade moments.
1. Stock can have a trade breakout around 153 and if this comes out true breakout then stock can jump up to 15% to 35% upside direction i.e., 175 to 206.
2. Possibility two suggests that this stock is having swing movement shown by parallel channel in graph, having swing trade moments since April 2021.
The most possibility is of number 2, stock is just having its swing trade moments.
Comment:
Target has been hit of Rs. 206