As can be seen on weekly basis there is no obstruction for price to reach higher levels. The 200 day EMA is at 29 and the price will face some resistance at that point. The stock can be accumulated at CMP till 12.90 and SL of 12.5 for medium term to long term. There is an uptick in the AD line which shows smart money flowing in. There is a positive divergence with...
ITs the time to pick up from lowest low to reversal i.e. UP TRend ?
I m hoping for the bullish trend continuation
if you are trading it buy it at 15-12 rs price per share
with a strict stop loss at 5
and target price is at 45
Keep trailing stop loss based on weekly setup ..
Thank You !!