#EDELWEISS CMP 67.45 #Target 80.85(20%) #ISEC #ANGELBRKG #IIFL

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#EDELWEISS
NSE: EDELWEISS
CMP 67.45
Target : 80.85
SL 63
Time Frame < 3 months
Can hold the stock for longer time after part booking.


Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia
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