Analyzed this stock 2 months back in my videos in my channel. Worked perfectly as per the analysis. Target is 300% which I assume may hit in 2 months.
Logic behind this trade is Stock was facing resistance of the trendline for a long time. In the third attempt in June it broke the trendline. Another logic is the stock had given breakout above the 50ma band and sustained above that for so long, which indicates bullishness of the stock and the entry of BIG BOYS.
One can notice the increasing volume bars too, which is proving the bullishness.
Entry was confirmed by the trendline breakout.
Captured 77% till today and we'll wit for the target with railing stoploss.
All levels are provided in the chart which explains everything.
I hope you all understand the logic behind the trade and will learn it.