Friday, 6 June 2014

Buy Wonderla Holiday


Analysis:

·         Stock has given probable up flag breakout on daily chart by big white candle closing above channel in blue color.
·         Stock is in uptrend buy following higher top higher bottom pattern on daily chart.
·         Stock is coming out of range after few days of consolidation suggest the uptrend may resume from here and bullish strength in this counter.  


Strategy: Buy Wonderla Holiday at CMP- 212.85 and add on dips for possible Target- 265 with stop below 205 on daily closing basis.

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