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25/10/2021 11:27:11 AM | Source: LKP Securities Ltd
LKP Spade, Weekly Pick - Buy Sterlite Technologies Limited For Target Rs. 320 - LKP Securities
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LKP Spade, Weekly Pick - Buy Sterlite Technologies Limited For Target Rs. 320 - LKP Securities

* Stock has given symmetrical triangle pattern breakout on daily chart which is consider to be bullish continuation pattern by nature.

* Strong volume has been witnessed at the time of breakouts.

* Momentum indicator MACD has shown bullish crossover which is also positive.

Buy Sterlite Technologies Limited - BUY @ 298-300 TGT 320 Stop Loss Below Rs. 284 CB Duration 1 Week

 


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