Friday 29 July 2016

Birla Corporation Ltd. - Flag Pattern Breakout

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Birla Corporation Ltd. on a daily chart, we witnessed stock price  has given a breakout of ‘Flag Pattern’ at Rs. 551.40 and price has closed above the same, indicate  stock will extend its positive rally towards Rs. 737 levels, which is 33 percent, suggesting it has potential up move in coming trading sessions.


Trader or investor can accumulate for the target of  Rs. 737 level, with Rs. 521 stop loss on closing basis.


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