Cox & Kings Ltd on a daily chart stock price at
Rs. 229.65 is near to give the breakout at Rs. 233.50 of the rounding pattern,
any trade above Rs. 233.50 price will take it towards Rs. 276/313 level. Momentum
oscillator RSI has more room left on upside, which add more bullishness for the
stock price.
If one were to go by the volume data, a
higher upswing is seen on the stock price. Trader or investor
can accumulate above Rs. 233.50 for the target of Rs. 276/313 level, with
Rs. 204 stop loss on closing basis.
I found this post a very informative one from trading point of view. Learning helps a traders to earn better returns always.For live updates follow epic research .
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