jeetudixit

Electrotherm@ breakout level

Long
NSE:ELECTHERM   ELECTROTHERM (INDI
Electrotherm is short term momentum pick, and this stock has made a rounding pattern and trading at breakout level.

Bullish Momentum - Above Short, Medium and Long Term Moving Averages
2.73% away from 52 week high
Outperformer - Electrotherm (India) up by 31.67% v/s NIFTY 50 up by 3.81% in last 1 month

Pivot R1 R2 R3 PP S1 S2 S3
Classic 169.70 175.60 184.20 161.10 155.20 146.60 140.70

Note: Fundamentals are weak compared to its peers.

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