Liberty Shoes

Liberty shoes after 21 months' bear market looks like made a bottom. Today's move with big volumes suggests worst is over. Stock today also gave a break out from a triangular pattern of which technical targets come in the range of 194-200. Stock will face some resistances in the range of 168-175. After today's big up move stock likely to consolidate for some time so Liberty is now a buy on every dip towards 150 with a stop loss of 142.

Disclosure: I am not a SEBI certified analyst and further i hold stock in my portfolio.

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