After fall from 840 to 400 The stock now seems to be prepared for a stronger upmove from here as the chart shows.. The fundamental of the company are somewhat okay but the shareholding changes in the recent years can't be ignored but to me chart is superior..
So buy above 480 TGT 620-700-ATH SL can be placed at 390
Note: Do your analysis this is not any personal recommendation for the mentioned stock for buying or selling with me. It's just for educational purpose and backtesting .. also i have the share from very low levels 🚩
Fresh breakout in stock and now ready for another ride
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Now at almost 600 ..
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part of MSCI india standard index so up by more than 4% stands at 570+
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At 520+ today
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As the chart tried to speak .. Running successfully at day high 508
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What to prefer here : The chart or the decreasing promoters holding with the negative sentiments ? Every suggestion is welcomed ☺️ but to me CHART is neither less than open answer book