Reasons to buy: 1: Patanjali foods is following a rising channel, at present it's trending at channel low. 2: Good support from the channel low (as shown in chart). 3: Good Risky to reward ratio.
Thanks
Disclaimer: This idea is only for the Educational purpose, Kindly invest at your own risk..
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Good bounce from the resistance of 1050
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Patanjali foods hits our First TARGET of 1150.. 100Pts in just 3 days..
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Our Second target of 1200 hit.
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註釋
Trade is active , Kindly shift your Stoploss @1150 or Book your profits as per your convenience.
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50+ in a Day, Patanjali food hits our 3rd target of 1300.
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Happy to see the performance of Patanjali foods. we r almost 300+ pts up.
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Our 4th Target of 1375 achieved..
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According to sentiment and channel analysis, this stock could soon reach 1600, despite its all-time high of 1519.
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"We have achieved our target of 1600."
註釋
Patanjali's stock is currently at a channel high. If it crosses the level of 1700, we can hold it, otherwise, we will book our profits.