RELIGARE ENTER. LTD.
Long

Potential upside

191
Sometimes the patterns aren't apparent. But if you look close enough when there is a big movement, sometime it reveals some nice story. You may ignore this saying there is a resistance coming looking at previous peak. Believe me , sometimes these resistances gets broken like a piece of glass.

Look at the two double bottoms one after another in long and short term. It builds really a firm base and shows more promise for the upside.
One can go for a target of 360 for a short-term view with some obvious stoploss.
Good luck

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.