Still Potential to Move Up.It still has the Potential to Move Further Up.
It was Capped today with Huge Volumes.
Potential Target is around 380+
Uppercircuit
fundamentally their is no technical in such upper circuit stocksvolume after long time makes sense
............................................................................................................................
Generally upper circuit and lower circuit stocks doesnt make sense
PG ELECTROPLAST BTST TRADENSE:PGEL broke out from a rising channel pattern on hourly timeframe. Price is currently consolidating after the breakout. A BTST(Buy today sell tomorrow) trade can be taken in view of price hitting upper circuit tomorrow.
Another bullish sign is the fake breakdown price gave from this pattern.
Volumes looks good. Daily chart is also very bullish. Enter at C.M.P, stoploss below the channel pattern, below 770 levels.
Follow strict risk management. HAPPY TRADING!
