Stocl View: Bombay Dyeing
This is a daily chart of Bomdyeing, and a clear triangle formation is visible on charts plus there is also a convergence of moving averages which is a good sign. Buy Bomdyeing only if it sustains above 670-675 with stoploss of 645 and targts 720/750/775 in medium term. Watch out for huge vols before the breakout.
Have a nice trading day
Regards
Ankit
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