#MONTECARLO (Cmp: 614.15)

- Stock has formed falling wedge pattern and given upside breakout days back and currently stock retest and reversed from the same breakout level on a daily chart
- Positional traders can accumulate stock at 610-590 level
- Expecting upside move upto 640-740-840+ level in coming trading session with the help of given support
- Support stands at 545

Disclaimer: Above provided view & recommendation is posted for educational purpose. There is a risk of loss in investing or trading in securities (cash or futures or options) which you should be aware of prior to making an investment/trading decision, including the possible loss of principal. You are responsible for all investment decisions you make including understanding the risks involved, even if it is based on information. Therefore. before taking any financial decision you are requested to consult with a financial expert.
Chartbusters - chart - 10087333