Very good company with nice fundamentals. Given breakout and trading at 52 weeks high. Looking strong on charts for 800+ target in 6 months. stop loss:545
ERIS Lifescience is trying to create a symmetric triangle pattern in 6 months timeframe and can possibly give a breakout in upward side considering the pharma sector still has a pending bull run. One can take a long position from 517 - 524 for a possible breakout. Targets should be - 546 - 588 - 588++
Downtrend stock, trend reversed and failed a first breakout, breaking out again.
Stock being accumulated for many months, with very good delivery numbers.
Stock fundamentally solid, good quarterly and annual numbers, debt free
CMP 565, target 750 to regain its previous high and then in blue sky zone
This stock can do a momentum in coming trading sessions.
Support
487.
470.
462.
Resistance
517.
524.
531.
This stock may consolidate for few days also.
My calculation and analysis says to make a long position..
Buy above 508.
Stop loss 482-475.
Target 517,524.
I am not sebi registered analyst this is my personal view.
