A long awaited breakout for the stock. Price had given a breakout yesterday, which is now somewhat confirmed in the positive direction. Risk averse traders might wait for the stock to re-test and then follow continuation, but the traders who are willing to take risk can go ahead with a stop-loss as per their convenience. My suggestion is to long this stock as per the risk appetite. Can show 5-10% movement in the positive direction.
Consult your financial advisor before taking any position.
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