NEOGEN
is in a beautiful structural uptrend, wherein the ascent of the trend is becoming steeper with every other breakout. Price has currently retraced after it gave a breakout 3 weeks back. A bullish flag like pattern is made in an hourly timeframe from which it has also broken out.
Safest bet is to enter entire position at the current market price, and buy more when price dips. Easy 2000 target from here within 1-2 months. If price sustains above 2000, targets further extend to 2400 levels.
Do add this stock to your portfolio. It has already given multibagger returns(240% annualized) and shows no bearish signs. Place stoploss below 1490 and Hold tight.
Follow strict risk management. HAPPY TRADING!
Trade active:
Made fresh all time high today. Hold patiently.