Stock of the day : Firstsource Ltd For Target Rs.246 - Religare Broking
Firstsource Ltd.
* FSL has been in a steady uptrend from last more than year forming progressive Higher highs and lows with gradual rise in volumes.
* The stock has registered a fresh breakout from the consolidation range with strong surge in volumes.
* On higher timeframe, stock has been forming a bullish cup and handle price pattern, which compliments bullish bias in price.
* Traders can consider fresh longs in the mentioned range.
Buy Firstsource Ltd .CMP 226.40 Range 225-227 SL 217 Target 246
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SEBI Registration number is INZ000174330