Shown above is the chart of chennai petroleum. The stock has
corrected recently from 260-180, Post which it has managed to bounce back to 230 levels. The correction has been completed in the form of an A-B-C correction. We can look to by the stock once it moves above 230. Targets for the stock could be somewhere around 270-280.
1 comments:
The market recovered sharply with the Nifty hitting 7800-mark after the Reserve Bank of India surprisingly cut repo rate by 50 basis points. TO GET BEST FUTURE TIPS Check FUTURE TIPS
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