Buy: @CMP 455-60 add more if deeps to 430-435
SL: 392 based on gap on daily chart
Target : 560-65
Monthly Chart
As we can see on monthly chart stock is in long term uptrend.
Weekly Chart
On Weekly chart it has made double bottom pattern which is also called as W pattern.
which has been broken today on 31st may 2016
and as per pattern targeting 560-65 levels. if pattern fails it may give a strong downward move. so take entry based on your risk.
Daily Chart
Check chart closely, I have marked some areas. Yellow area are resistances and Aqua color area are supports ,which are called windows based on candlesticks analysis.
Check higher volumes on today's candle. everything is showing a strong upmove in coming weeks.
Happy Trading
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