Stock name - Usha Martin Ltd. (#UshaMartin)
Market bought now @ 44.60
Chart pattern - 7 years long sloping trendline BO @ 44.80 (weekly closing above this level required for BO confirmation)
Target - 90 (within 2 yrs)
Stop loss - 37.90 (WCB)
Rationale - Probable turnaround
#UshaMartin - Few important data points...👇
1. Highest monthly volume observed in the stock since September 2005.
2. Highest daily volume observed in the stock today since listing.
Interesting days ahead! 🤞