Technical - Conviction Delivery Idea : Sambhv Steel Tubes Ltd For Target Rs.174 - Motilal Oswal Wealth Management
Sambhv Steel Tubes Ltd
(Mcap Rs 4,781 cr.)
Buy Sambhv Steel Tubes Ltd CMP 162 SL 156 TARGET 174 DURATION 1 Week

• Pole and Flag breakout on daily chart.
• Firmly holding above 20DEMA.
• ADX is rising implies that ongoing uptrend has strength.
• We recommend to buy the stock at CMP Rs 162 with a SL of Rs 156 and a TGT of Rs 174.
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