As Technical Analysis first word is starts with “T” which stands for Trend is friend, hence in our today’s analysis we have chosen SKS MICRO, which is in perfect uptrend and the same is showing by the rising trendline.
Interestingly, Price took support at crucial trendline supports and formed a Bullish engulfing which is above its bullish territory. Below volume is indicating a Bullish Flag pattern.
We advise to go long till 525-528 levels SL 510 TGT 550-558-563 levels. Duration – 5-6 days