CMP 251.50
Stop 220
Target Open
1) Stock has taken support at Yearly VWAP
2) Stock has taken support at previous quarter high
3) Next Quarter's pivot zone higher than current quarter's pivot zone.... suggests a possible bullish outlook.
4) PEMA oscillator starte sloping upwards.
5) Relative strength with respect to broader market is sloping upwards.
6) Fundamentally, triple to double digit annual profit growth witnessed in the last 4 quarters .
Stop 220
Target Open
1) Stock has taken support at Yearly VWAP
2) Stock has taken support at previous quarter high
3) Next Quarter's pivot zone higher than current quarter's pivot zone.... suggests a possible bullish outlook.
4) PEMA oscillator starte sloping upwards.
5) Relative strength with respect to broader market is sloping upwards.
6) Fundamentally, triple to double digit annual profit growth witnessed in the last 4 quarters .
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