Sula - Strong momentum breakout
Given a strong momentum breakout with good volume. Need to see if this will come for a retest or not, though chances are bit less, but if it does, a buy zone should be around 510-513 with a StopLoss of 5%. If you take entry at current price, SL would be decided on the closing of coming Monday's closing price.
Expected Targets are mentioned in the chart, I am expecting a 10-20% move before it goes for a correction.
Disclaimer - This is not a buy or sell recommendation, these are just my view on the stock price.
Expected Targets are mentioned in the chart, I am expecting a 10-20% move before it goes for a correction.
Disclaimer - This is not a buy or sell recommendation, these are just my view on the stock price.
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