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A stock has been trading in the range of 900-1100 for the past 6-7 months. In recent days, we have witnessed good volumes in this counter, indicating a positive sentiment among investors.
Furthermore, the stock price has recently crossed the 200 EMA, which is a bullish signal. Based on analysis the stock has the potential to reach targets of 1350-1500. However you can put a SL of 1020 for safe side.
A stock has been trading in the range of 900-1100 for the past 6-7 months. In recent days, we have witnessed good volumes in this counter, indicating a positive sentiment among investors.
Furthermore, the stock price has recently crossed the 200 EMA, which is a bullish signal. Based on analysis the stock has the potential to reach targets of 1350-1500. However you can put a SL of 1020 for safe side.
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