Som Distilleries & Breweries LTD- Multiple Indicators + Risky

Updated
πŸ“Š Script: SDBL (SOM DISTILLERIES & BREWERIES LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY 500
πŸ“Š Sector: Fast Moving Consumer Goods
πŸ“Š Industry: Breweries & Distilleries

Key highlights: πŸ’‘βš‘

This stock pick is according to my study. I have use few indicator that is

BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ Crossover in MACD .
πŸ“ˆ Already Crossover in Double Moving Averages.
πŸ“ˆ Current RSI is around 68.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 110
🟒 Target πŸŽ―πŸ† - 118
⚠️ Stoploss ☠️🚫 - 106

⚠️ Risk Hai Toh Ishq Hai

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ RepeatπŸ”

Happy Navaratri πŸ•‰οΈ πŸ’ƒπŸ»πŸ•ΊπŸ»

Happy learning with trading. Cheers!πŸ₯‚
Trade closed: target reached
TODAY'S HIGH 130
Chart PatternsTechnical Indicatorsnifty500niftyfmcgriskytradeSDBLTrend Analysis

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