Stock is attempting to reverse from a one and a half year old downtrend.
The volume has picked up in past 2 days and 300 level has provided a crucial support for the stock.
If the stock consolidates for a day or two, or if it pulls back a bit on smaller timeframes, it would provide good opportunity to accumulate it.
CMP 323
SL 290
TARGET 1 - 385
Target 2 - 460
The volume has picked up in past 2 days and 300 level has provided a crucial support for the stock.
If the stock consolidates for a day or two, or if it pulls back a bit on smaller timeframes, it would provide good opportunity to accumulate it.
CMP 323
SL 290
TARGET 1 - 385
Target 2 - 460
Note
SL trailed to 315Note
stock breaks-out of the falling wedge
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.