Thyrocare - Target -1600 - Almost 25 %

The Scrip is in an ascending channel pattern bouncing from the lower trend line and 200 EMA.
Why to buy ?

1. Support at trend line/parallel channel
2. 200 EMA Support
3. 0.786 Fib retracement coincides with 200 EMA & Trend line,

Buy @ 1130-1170
Stop Loss - If it falls below 200 EMA and stays below it.

Traget - 1500/1550/1600

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