SILGOPossible good breakout can be seen in counter in coming months. It can be either C & H or a rounding bottom breakout. Longby amodghatpande0
SILGO looking for BreakoutSilgo Weekly was in falling trend now looking for breakout. one can take a small risk with SL 17.5Longby shreepadkg111
Breakout of parallel channelBreakout of parallel channel in silgo retail 1st target rs44 2nd target rs 55 3rd target rs65Longby aggarwalg040
Silgo ... long term analysis the best stock for investment looking good every aspect from at this level .....target minimum 65 Longby tradeninvestin441
SILGO – Can we see change in Trend ??NSE:SILGO Time Frame – Weekly Technical Observations – 1) Falling wedge pattern and channel pattern (Yellow area) form 2) Regular bullish RSI divergence seen 3) Now scenario 1 – Price may break the resistance trendline of both the pattern or 4) scenario 2 - Price may break the resistance trendline of wedge pattern and touch the channel trendline resistance and come down to form the right shoulder to complete the inverse head & shoulder pattern 5) RSI trendline break seen 6) High volume activity seen Resistance –42.20/47.80/56/66.60/80/94 Support – last swing low 24.65 / 18 DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading. Longby Chart_World116
SILGO RETAIL, Close to the Apex of Bullish Reversal PatternSilgo Retail has been on quite a downfall since it's IPO, barely crossing 67 on the Upside and 35 on the Downside. With a sporadic 20% Upper Circuit on 22nd of June, the Price Action is creeping closer to the Apex. Expecting a good rally with Targets being at 45, 56, 60, 67 with Stop Loss at 38. Note - This analysis is purely for Educational Purposes only, this is not a BUY/SELL recommendation.Longby dhruvbipinpatel0