ssudhirsharma11

#SCHNEIDER ready to give electric shock above 242

Long
NSE:SCHNEIDER   SCHNEIDER ELECTR
Weekly chart of Schneider is looking bullish supported by great volumes during last week. I am waiting for some cooling off and pullback towards 169 and 152 to add 33% qty each at both the support levels. If price spends some time near 170-197 zone then we can plan some entry in this zone itself. And if it gives 2 consecutive closing above 200 then 240 is on the card which is 2015 resistance ATH price.
Keep eyes open, respect risk, happy investing.

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