Thyrocare has given a stron breakout on weekly and daily chart. This is after a more than 6 month consolidation. Can be accumulated at present and on dips. My Stop loss will be 1000 on Weekly Closing basis. Expecting 1600 in short time. All stocks in this sector are on fire.
This is not a buy sell idea but for education purpose only
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The company was acquired at 1300 per share and hence the price is stuck in that range for last many days even though companies like Metropolis and Lalpathlab are making moves.