Range is moving upwards so is the stoploss for short position. Dont do leverage buying at these levels till it gives a breakout.

  
Stock View: Marg

This is a 2 year daily chart of Marg Limited and if you see clearly there is a triangle pattern visible on charts. On Thursday stock gave a breakout with huge vols which is a good sign. Stock also give a breakout from the trendline which joins last 4 major resistance areas on charts ( shown as shaded oval portions ) which is an added plus point. Buy Marg at curret levels of 190-192 with stoploss of 180 on closing basis and look for targets of 220/235 in medium term.

Have a nice trading day

Regards

Ankit