The stock has broken out of multiple weekly highs and after giving a good weekly close the stock is now retracing back before another big move. One can look to go long on CMP or any dip till the levels of 95 with a stop loss of 85 on a weekly closing basis below which the breakout will fail. One can expect targets of 115-130-150 in the coming weeks.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
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3% MOVE IN A SINGLE DAY. THE MOVE HAS BEGUN
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CLOSED AT 107 TODAY A VERY STRONG WEEKLY CLOSE.
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10% MOVE IN A WEEK.
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Banks are looking to consolidate.Once it closes above 115 the momentum will continue
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HIGH OF 128
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ALL TARGETS ACHIEVED