Stock has come up with its first leg as an impulse. After that stock has gone into a considerable corrective price action. The current structure suggests that stock is ready to move up for another impulsive leg.
TRADING STRATEGY:
STOVEKRAFT: BUY ON CMP (583) SL: 540 TGT: 625/650
TRADING STRATEGY:
STOVEKRAFT: BUY ON CMP (583) SL: 540 TGT: 625/650
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