SRIPIPES - CMP: 193 Ready to break Wedge

2 thg 5, 2021

After making low in Oct 2020, Stock has recovered with making higher high. Stock is moving in a wedge and is ready to give a wedge breakout. It has also given rounding bottom breakout on a daily chart. We can expect rounding bottom target of 235 in the near term. Also, the stock has the potential to break wedge and can give further target up to 300 in the mid-term timeline.