Welspun corp is forming a symmetrical triangle on the daily chart, with Good consolidation, volume is increasing.
Comment:
Wellcorp hits our first target of 222 . Up 4.5% same day.
Comment:
Wellspun hits our 2nd target of 228. Up 7.5% a day.
Trade active:
1st and 2nd target have been hit. Our 3rd target remains intact. 11% profit running in 2 trading days. Follow us at twitter @circle_bull
Trade closed: target reached:
HIgh of 267 . 212 to 267 . 25% profit
Comment:
Made high of 298. From 212 to 298. 40% returns in 3 months. Again it is near the breakout zone retesting it. New targets will be shared shortly.