WELCORP : buy in good demand zone...
WELCORP : CMP 143.30
Trade set up :
1.buy till 138
2.keep stop loss as 127
on closing basis
3.targets :152/167/184/210/233+
technical buy based on :
1. symmetrical triangle
2. rising parallel channel
3. support & demand zone
4. price at lower end trend line of triangle.
TIME FRAME 2 TO 3 MONTHS
Trade set up :
1.buy till 138
2.keep stop loss as 127
on closing basis
3.targets :152/167/184/210/233+
technical buy based on :
1. symmetrical triangle
2. rising parallel channel
3. support & demand zone
4. price at lower end trend line of triangle.
TIME FRAME 2 TO 3 MONTHS
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