Although, Not 100% perfect pattern as the low of the rounding bottom should resemble a “V” bottom,however the trend has been validated by trend period which took several weeks to form and volume increase at the beginning/end with low volume movement during trend formation
The scrip has gone through long consolidation period that turns from a bearish bias to a bullish bias and has now breakout and advanced with volume rise
MACD also showing the way
Enter above 173 post confirmation
Aiming short term for price target as defined.
The scrip has gone through long consolidation period that turns from a bearish bias to a bullish bias and has now breakout and advanced with volume rise
MACD also showing the way
Enter above 173 post confirmation
Aiming short term for price target as defined.
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Showing bullish surge with reaching CMP 184 as anticipated
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Target 200+ done
Still surging beyond 52-week highs
Still surging beyond 52-week highs
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One can again aim for same target as the scrip has reversed around support zone with company showing progressive results
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www.moneycontrol.com...3-crore-2508997.html