Stock of Shakti pump broke out of a trending line as shown in the chart. This break out may take this stock to new highs in coming weeks if not in days. Also, overall trend is also in favor of this breakout. Traders can wait for correction from current levels or buy this stock CMP or in dips till 140 for handsome returns in near future. Exit this stock when you see euphoric highs.
Stop loss below 140 recommended.
(We don't give specific targets as we don't believe in them and best time to exit stock is when we see euphoria in it's prices)
