Technical Trading Idea : Fsn E-Commerce Ventures Ltd Target Rs.255 By Motilal Oswal Wealth Management

Fsn E-Commerce Ventures Ltd
Buy Fsn E-Commerce Ventures Ltd CMP 238 SL 238 TARGET 255 DURATION Weekly
* Consolidation breakout on daily scale.
* Respecting 50 DEMA support zones.
* Large bodied bullish candle.
* High volumes to confirm the breakout.
* ADX line rising which confirms the strength of the uptrend.
* We recommend to buy the stock at CMP Rs.238 with a SL of Rs.230 and a TGT of Rs.255.
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