Forming a nice Arc Bottom and breaking the neckline. Great setup for 40 - 50% up move.
+ Good fundamentals and continues growth path
+ large institution also vested into it
Target - 30 - 40 - 50+
Duration 3-6 months
Colpal is trading in a range from 1530-1672 from past 3-4 months , its trading near its lower range now, could be bought here or on decline till 1850-1855.
Buy here & add on on declines with mentioned stoploss & target.
