SANDESH LTD
Long

SANDESH - STOCK TO BUY AND SIT TIGHT

167
Sandesh
CMP 1262.
Stop 900
Target 2000 plus
1) Stock has broken out of the consolidation zone. A sort of ascending triangle breakout with above average volumes.
2) RS has spiked along with other bullish indications in the oscillators and MACD.
3) A similar previous pattern has produced 2x returns over medium to long period.
4) Trader patience utmost important to get max benefit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.