Network 18 Stock Breaking out of an Accumulation phase

Network 18 Stock Breaking out of an Accumulation phase📈

The stock has witnessed an accumulation of nearly 20 weeks and may be a good pick in the short term. It upholds a potential of nearly 40% if confirms a breakout above 96 on weekly chart✅

Entry: Above 96✅
SL: 77❌
TGT 1: 117🔥
TGT 2: 136.31📈
Positional ones may hold till 171📈

Note: Its better to apply a 3 legged entry strategy in this stock as Stoploss is a bit expensive.