From past one year stock was trading in a channel and finally it has managed to close above this channel.
Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock.
Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at 230.
This is just a view not a recommendation to trade. Do your own analysis before making any investment.
Share your opinion in the comment section.
WOCKPHARMA
Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock.
Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at 230.
This is just a view not a recommendation to trade. Do your own analysis before making any investment.
Share your opinion in the comment section.
WOCKPHARMA