Eveready CMP - 172.50
Looking very bullish . One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 175.50 / Stop Loss 172
Target 1 - 177
Target 2 - 178
Target 3 - 180 / 185
Short Term Target 200 +
Disclaimer: This is my view and for educational purpose only.
Eveready Inds - Classic Stan Weinstein 30 WK Break out moves. Personally more comfortable above 215. Not sure it will form a long cup n handle or move swift up above 215 from a rounding bottom. On a daily it looks like a cup n handle, but the handle consolidation move is quite small. Keep a watch.
DISC: Not a SEBI Registered. I post charts for my own study.
A breakout from a cup and handle pattern.
The stock might correct a bit which we call a retest of resistance or a pull back but technically looks good to go till 175 in the absence of major resistances.
One could accumulate on dips if any. However always maintain a stop loss as per your risk appetite.
