Trade_setup _ 20+% upside in Adani wilmar
Stock is attempting to reverse from a one and a half year old downtrend.
The volume has picked up in past 2 days and 300 level has provided a crucial support for the stock.
If the stock consolidates for a day or two, or if it pulls back a bit on smaller timeframes, it would provide good opportunity to accumulate it.
CMP 323
SL 290
TARGET 1 - 385
Target 2 - 460
The volume has picked up in past 2 days and 300 level has provided a crucial support for the stock.
If the stock consolidates for a day or two, or if it pulls back a bit on smaller timeframes, it would provide good opportunity to accumulate it.
CMP 323
SL 290
TARGET 1 - 385
Target 2 - 460
Komen:
SL trailed to 315
Komen:
stock breaks-out of the falling wedge