As we can see Welspun India has made double bottom pattern (W Pattern) in weekly timeframe. One can enter in if price closes above 85.60 and use multiple timeframe to confirm entry in daily chart also but price should close above 85.60.Then and then only we can see the next upmove in Welspun India upto 118.85. I observed increased volume in last week's candle.
Trade closed: target reached:
Target has been successfully Reached!
Avinash K.