Stock has gone through huge correction from 333 (June 2025) to 96 (March 2026) (-71% in 10 month), after that consolidation is seen and now higher high-- higher higher low structure is about to form which indicates uptrend. Also double bottom formation is observed.
Long position can be initiated above 140 levels. Need to wait for the level to cross 140 level and sustain above it. If it can sustain and continue the rally, then rally can be extended upto 570
TARGET : 570 (306%) (Fibo)
STOPLOSS : Below 113 (-19%) on weekly closing basis
RR RATIO : 1:16
TIME TARGET :8-9 Years (Till 2035)
ONLY FOR INVESTMENT PURPOSE, NOT FOR SHORT TERM TRADING
Long position can be initiated above 140 levels. Need to wait for the level to cross 140 level and sustain above it. If it can sustain and continue the rally, then rally can be extended upto 570
TARGET : 570 (306%) (Fibo)
STOPLOSS : Below 113 (-19%) on weekly closing basis
RR RATIO : 1:16
TIME TARGET :8-9 Years (Till 2035)
ONLY FOR INVESTMENT PURPOSE, NOT FOR SHORT TERM TRADING
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