This stock has comfortably trading above 200 EMA . It is also forming a ascending triangle formation, yet to give a breakout. Buy at current prices first target will be 192. 192 - 200 is major resistance. looking at the buzzing pharma stocks, I expect good momentum. In case it crosses 200 - 215 levels there will be big breakout and stock may head to 245 which is ultimate target for the trade. I will update what is to be done at key levels of 192 200 215.
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I am not a sebi registered advisor and risk doesn't belong to me. Trade as per your risk appetite. This is for educational purposes only
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Book Partial. Hold rest for next target. update stop loss to cost