good earning so fundamental good, volume also break out, Mov. Avg. Breakout Happened and its counites, so Technical also good . Target 300 will reach soon..........
The paper sector should turn around with raw material price falling. The Shreyans Ind chart looks good, with first target of 150. Stop loss of 87.
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A very rare setup.
About to touch its lower trendline that has been intact for more than 10 years. A very high probability of a sharp upmove.
Entry levels: 75-80
SL: Below 70
Target: 240+ in 2-3 years
Risk-Reward: 1:17+
Keep an eye!
Shreyan ind. consolidating in the range of 68-95 from the last 4-5 month a breakout above 94-96 can provide a good long trade target would be 118-125 in between stop after breakout should be placed at 86
