sethinomics

Wonderla weekly chart- TL breakout. Tgt 400 in 1-2 months.

Long
NSE:WONDERLA   WONDERLA HOLIDAYS
The stock has been in approx range of 330 to 400 for almost 2 years. Stock has bounced off from lower end of this range recently. It has also broken out of downward sloping trendline at 345 today. The RSI indicator is bouncing from oversold levels. MACD indicator is also making bullish divergences. Company posted good q1 results too. We hold.

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