HERITAGE FOODS : CMP 474.20
trade set up :
1. buy above 474.
2. keep stop loss as 424 on closing basis.
3. targets 526/572/638/794+.
technical buy based on :
1. multiyear breakout
2. rounding bottom pattern
3. high bullish volume at breakout
and price accumulation for past two months
4. multiple time frame analysis
5.time frame for all targets 3 to 4 months
trade set up :
1. buy above 474.
2. keep stop loss as 424 on closing basis.
3. targets 526/572/638/794+.
technical buy based on :
1. multiyear breakout
2. rounding bottom pattern
3. high bullish volume at breakout
and price accumulation for past two months
4. multiple time frame analysis
5.time frame for all targets 3 to 4 months