This is a 12 month chart of Alstom Projects, after breaking out ( with huge vols )of the parallel channel formed in last 1 year the stock is consolidating between a tight range. Buy APIL only if it sustains above 710-712 with a stoploss of 690 on closing basis and look for targets of 745/770 in short term.
Have a nice trading day
Regards
Ankit
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