CMP – 85.9. This scrip has failed a break out and is seen moving down. But if it can bounce near 84.4, then this could target higher prices. On weekly it is a buy above 86.
Stay out till it remains below 85.7. Buy on upward move only. SL – 84.
Those interested in LT holding, may target this scrip as it is making a neat pattern on monthly chart. It has had more than 5 quarters of losses and overdue for a reversal. Is a consistent dividend paying co. Is into new technologies. With piracy on the decline with new technologies and strict enforcement, this scrip will return its value.
BV – 117. This is minimum target in near days.
Abe
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
MARKETPLACE
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