Today Stock went up 15% with high volumes suggesting buying interest. Stock already retraced 78.6% from the recent highs.........buying comes right at the channel bottom indicating that the stock has bottomed out.....looks like up trend has started for the stock.....i can see the stock forming agartley pattern which can take the stock to 1148 level.....that is a long tern target ...near tern target is 590...
N.B. Since the stock went up 15% today there can be some selling in the next one or two days.......so buy small quantity and add more on any declines
N.B. Since the stock went up 15% today there can be some selling in the next one or two days.......so buy small quantity and add more on any declines