Rugminik

BTML - Stock is poised for a short term and swing trade , 10-40%

Long
Rugminik Updated   
NSE:BTML   BODHI TREE MULTIMEDIA LTD
The stock has broken it's all time high and given a retest in daily.

Also the stock is retracing from its FIBONACCI 38.2 retracement level in monthly.

Volumes look strong and RSI in Lower time frame supports an entry now.

Sector - Entertainment.

Entry 215 range.
Target - 240, 260, 290.

Swing trade target at 240 - 10-15% ROI.


Comment:
This one did not move as expected , has reversed to its bottom support level. Has taken support at previous week low region.
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