GEOJIT : Fresh Triangle Pattern Breakout above 59 on Daily chart.
Price Bounce back from 50 SMA.
Huge Volume show Accumulation.
RSI showing positive divergence.
Looks good for up to 40% upside in short to mid term.
CMP : 60
Short Term view (1-3 months)
Target : 71
Mid Term view (3-6 months)
Target : 88
Almost 1:3 risk reward setup
SL : 52
On Weekly Charts Price has moved above 200 Weeks SMA
Indicates fresh Longs can be created for higher targets
Chart Only for Education Purpose