If the channel and trend line is respected then, T1 - 110 T2 - 130+ T3 - 165+ Additional factors that will support this growth - x Improving fundamentals & balance sheet via cost reduction measures (Near term. Positive impact ). x Strong recovery to almost pre-covid levels. Further growth in CV can be fueled by rise of Ecommerce demand and Make in India. Both of...
Looks like the higher end of the channel is hit today. Possible retracement from here on to rest the previous high before further upside move.