Panchalk

Looking good for another move up

Panjang
NSE:HERITGFOOD   HERITAGE FOODS LTD
Heritage foods broke out of the channel pattern couple of days ago...even when it was moving up INSIDE the channel it was doing big volumes..it has not traded with such volumes in the past 1 year at least...a good sign.
CMP - 428.7
Target 1 - 473...( actually today also it moved up by 7%, so target 1 was 428 today, but the new target 1 is for those who wish to trade it tomorrow)
Target 2 - 562
This is not an advice to trade. Only an idea. Please do your own research first.
Penafian

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