THANGAMAYL ( very short term investment ) has closed
at 200. This stock has given a clear trend line breakout today. The NIFTY and
all other indices were in deep red, but this stock was successful to close in
green with a good 4.20 % up bar. This break out is clearly seen in the chart
below. Please have a look at it for better understanding. One can initiate
a
long position with a small quantity for the targets of 208 and 216. A close above
our second target of 216, might lead it towards the higher levels like 235 and
240. A strict closing basis Stop Loss must be maintained at 190.
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