MEBL short term analysis 24th Nov. 2023 Additon to previous

Addition to previous Targets MEBL may target 165 and 169 tomorrow and some profit taking may be witnessed around 169 but overall its bullish. As on breakout above 150 its targets were 155 and 162 which have been achieved now next targets are 165 and 169
For New buying: Buy MEBL as long as trading above 158.50 with strict stop loss of 155 and profit targets at 165 and 169, breakout above 169 will call for 187 which is it's target for this rally. Despite of market correction MEBL will try to perform therefore holding it would be a better option till 187 but for correction reasons profit taking around 169 is recommended for buying on dip again