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"SATINDLT: A Newly Listed Gem Poised for Potential Gains"

Long
NSE:SATINDLTD   SAT INDUSTRIES LTD
Description:
πŸš€ SATINDLT: A Hidden Opportunity Unveiled! πŸ“ˆ

Are you on the lookout for a fresh trading prospect? SATINDLT, newly listed on NSE in November '22, is making waves with its potential. Here's the scoop:

Key Points:
πŸ“Š Newly Listed Gem: SATINDLT emerged on the NSE scene in November '22, offering a unique opportunity for traders to get in on the ground floor of a promising stock.

πŸ“ˆ Trendline and Horizontal Support: The stock is currently trading on both a trendline support and a horizontal support zone. This dual support structure adds strength to the trade setup.

πŸ”™ Pullback from Support: SATINDLT has recently experienced a pullback from these support levels, potentially setting the stage for a bounce-back rally.

πŸ’° Favorable Risk-Reward: This trade setup offers an enticing risk-to-reward ratio, allowing you to aim for greater gains while carefully managing your risk.

πŸ“ˆ Entry Price (in Rupees): Consider entering the trade at Rs 116.00, positioning yourself for potential upside as the stock regains momentum.

❌ Stop Loss (in Rupees): Protect your investment with a stop loss at Rs 105.00. This level serves as a safety net should the trade not go as planned.

🎯 Target Price (in Rupees): Our target is set at Rs 160.00, representing a significant potential upside. This is where you may consider taking profits.

πŸš€ Trade Strategy: Keep a close eye on SATINDLT as it navigates this exciting phase. Be prepared to act when the stock gains traction, and remember to adjust your stop loss to secure your gains.

This trade idea offers a comprehensive plan, highlighting the unique opportunity presented by a newly listed stock. Dive into SATINDLT as it shows potential for a rewarding journey. Happy trading!

(Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) πŸ“ŠπŸ’ΌπŸ§
Trade closed: stop reached:
Stop Loss hits on 26th Sep, and trade has closed

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