This is a stock to hold in portfolio for wealth creation.. and also a traders darling to make short term gains and trading gains as well
Currently standing above 21 EMA and showing strong bullish trend on RSI and pivotal supports
One can enter at the current market price @ 4764 and continue to add in dips up to 4400 levels
Short Term Targets
First Target - 4975 (4.4% up side from CMP)
Second Target - 5326 (11.8% up side from CMP)
Third Target - 5885 (23.5% up side from CMP)
Short term stop-loss is 3986 (on daily closing basis) (16.3% downside risk from CMP)
Long Term Targets
Target - 6790 (42.5% up side from CMP)
stop-loss is 3326 (on daily closing basis) (30% downside risk from CMP)
This idea is only for education purpose and not for real time investment or trading. kindly consider your financial adviser before investing
High Beta Stock... kindly check your risk appetite