EasySwing

Strong buy--- KOTHARI PETROCHEMICALS

Long
NSE:KOTHARIPET   KOTHARI PETROCHEM
1.Price is consolidating for few weeks and is in formation of cup and base is created.
2.Price is ready to give breakout and RSI is above 60 indicates bullishness in stock.
3.Since no major resistance present price is expected to reach ATH's, gain of 50% to 60% can be easily achieved.
4.Buy above 76.( initially add small quantities as the price moves up more quantities can be added).

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