[sharetrading] Moser Baer

 

Moser Baer is trying to break out of a wedge formation, with higher top and bottom. For close greater than 91 on week end or intra week.

Target on cross – Minimum 150, in 6 - 9 months.

Max time period in wedge – 1 month, before a break up or down happens. In case break out fails within 2 weeks, target 114, as it will remain range bound.

CMP – 89.75, SL – 88.5 STRICTLY……………………

Abe

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