double trendline breakout on weekly chart
first at 97 and now at 110
30% to 40% gains can be targeted
cmp is 112.8
note: fundamentals are weak. so one conveniently ignore this
so let's observe how this one performs purely on technical base
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
i always take position in stocks where both technical and fundamental analysis are in sync with the study
it is less risky and chances of making hugh gains are more