Long

Welspun corp: Breakout soon candidate

By Bull_Circle

Updated

Welspun corp is forming a symmetrical triangle on the daily chart, with Good consolidation, volume is increasing.

Note

Wellcorp hits our first target of 222 . Up 4.5% same day.

Note

Wellspun hits our 2nd target of 228. Up 7.5% a day.

Trade active

1st and 2nd target have been hit. Our 3rd target remains intact. 11% profit running in 2 trading days. Follow us at twitter @circle_bull

Trade closed: target reached

HIgh of 267 . 212 to 267 . 25% profit

Note

Made high of 298. From 212 to 298. 40% returns in 3 months. Again it is near the breakout zone retesting it. New targets will be shared shortly.

Bull_Circle

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.