Here is monthly chart of Deep Industries. The stock has retraced 61% from its top. Now it is trading near a support. The stock can move up by 40-50% from current levels. Level of around 190 can be exit level in loss and around 300-310 can be exit level in profits.
Disclaimer: This blog is an informational blog. The contents produced here are purely for educational purpose. Articles written here are purely educational in nature and not an investment or trading advise. They should not be construed as buy/sell recommendations. I am not a SEBI Registered Analyst or Investment Adviser or a Research Analyst. Readers are advised to consult their Investment Adviser before taking any decisions based on above write-up.
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