Long

WELSPUN INDIA RESISTANCE AND TRENDLINE BREAKOUT

260
Welspun India technicals and Fundamentals looks good on both fronts, and the company can see subsequent growth in revenues in near future bcoz of govt supporting policies to textile industries as well as ease in covid restrictions will directly benefit Welspun, as it's a good chunk of revenue, comes from Hospitality Industry.

I have mentioned the Target Price of stock as per Fibonacci levels and P/E of a stock.
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