CESC has just broken out on high volumes. The stock if persists above Rs 1000 on a closing basis can be considered for a positional long for targets of Rs 1110,1180 and beyond. The Stop Loss can be at levels of Rs 960
Considering the impending demerger, some brokerages have arrived at targets of Rs. 1350 and beyond.
If you want us to study the technical structure of any of your stocks, please let us know in the comments section below.
Disclaimer:: The article presented herewith is just an educational assessment of the chart structure of CESC. Please do your own research and consult your financial advisor prior to acting on the information presented herewith. The author does not intend to set forth this article as a recommendation to buy or sell this stock and has a small position in the stock at 1005 levels, when the above Trading View Idea was published
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Shyam Sekhar is one of the most distinguished stock investors in India. He has to his credit many multibaggers which he picked very early, resulting in windfall gains. Here is a list of
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