Is WORTH worth buying? I have entered in the trade and here are my charts. No buy/sell recommendation. NSE:WORTH
Looks extremely good as it breaks out of the traingle pattern and expect good moves as the candle bounced from the critical 1/1 zone (Gann Fann Angle) Daily MACD crossover is also completed as the RSI showing strength which is almost at 65. More volumes also coming in for the last couple of weeks. Supports and targets are highlighted in Maroon for your convenience
Stock breakout at all time high recently. Later it retested the breakout level. We can go long for target of 150 and SL at 110 on closing basis.
STRONG BREAKOUT SEEN WITH VOLUMES IN WORTH PERIPHERALS TGT : 198 SL : BELOW 84 on weekly closing basis RR :1:1.6 FOR BETTER RR Buy 25% Above 129, 25% On correction near 113-115 Buy remaining 50% Aafter correction is over and it crosses R1 level 126 TIME TGT: 10-12 MONTHS (till November December)
cmp 126 Disclaimer: The above is shared just for educational purpose and is my personal view. By no means shall I be accountable for any debits/losses amounting out of it. The stocks recommend may or may not have vested interests at individual or group level.I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions
Reversal and volume spurt on daily chart , upside 99/119 cmp 93.95