Blue Sky Zone Breakout: Mega Breakout in Majesco at Rs 770

11 thg 10, 2020

Blue Sky Zone breakout had occurred in good IT sector company: MAJESCO at Rs 770. Now, share is trading at Rs 876 after small correction. Good time to enter stock near 800-850 zone with stop loss of Rs 650. My First Target is Rs 1050 and my second Target around Rs 1150. Conservative Traders can book the profit at Rs 950 target. IT sector is already in boom like pharma sector. My Risk to reward ration is 1:3 for this trade. Company has good fundamental story.