Panchalk

Nice Volume breakout

Long
Panchalk Updated   
NSE:SUPRAJIT   SUPRAJIT ENG LTD
breakout with good volumes always provides confidence...but when there is a big move it is followed by some pullback or consolidation ( remember nothing is 100% foolproof1!!)..i usually watch what the stock does after a big move..it could also keep moving up..keep watching..targets marked...Suprajit as a company has EVOLVED & ADAPTED nicely over time, so i would keep it on my watch list.
Comment:
moved another 7.6% today..with bigger volumes than yesterday...could pullback after making back to back big moves..
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.