[Trading Idea] Breakout in MANEKSTEELNSE:MANAKSTEEL has broken out in WTF with good volumes. In last 2 weeks, stock has already moved nearly 60% up but still there is room to go further up.
If I take the breakout from the previous swing close (instead of high) as a more conservative target then it comes around to 99. Stock is currently trading at 81.95. And if I take the target from the swing high then target comes around to be 110. Even with the more conservative target, it could be a decent trading opportunity for nearly 20% gain.
