Prestige
Estates Projects on weekly chart stock price was trading in a
range bound (168-195) from last 4 months, last week price has given the
breakout of the range and closed above it at Rs.199.10, indicate positive view.
On channel, price has touch the lower channel of parallel channel, now stock
will rally towards upper channel of parallel channel, which also add more
bullishness for the stock price.
Trader or investor can accumulate for the target of Rs. 220/258 level, with Rs. 190 stop loss on closing basis.
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