SSWL has given a close at 326.20. Please refer the
chart below to see the break out and a trend line breakout in RSI also. By the
chart itself you can make out that the stock is in a beautiful and sustained up
trend. After almost one and half month’s consolidation, again on Friday, this
stock has given a breakout. As per our strategy, one can trade the breakout of
course with a Stop Loss. One can
initiate a long position in this stock for the
targets of 345 and 365. Close above this second target of 365, will take this
stock to much higher levels. A closing basis strict Stop Loss must be
maintained at 304.
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