shahb4131

Trendline Reversal

Long
shahb4131 Updated   
NSE:SOBHA   SOBHA LTD
SOBHA LTD
Nearly debtfree Realestate company with good Result and Realty cycle has revised even Nifty realty Index has seen good strength
Technically company is near good weekly trendline support from where it can reverse
So can add from CMP 580 to 550 for target of 650/750/888/1020 and can keep SL of 480
Comment:
Till now 713 from 580 22% in less then 1 month
Comment:
2nd Target also done can book 50%
Trade closed: target reached:
Close Above 1060 new journy will start
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