SIGACHI INDUSTRIES LTD
Long
Updated

Sigachi Inds cmp 58.43 by Weekly Chart views since listed

Sigachi Inds cmp 58.43 by Weekly Chart views since listed
- Support Zone at 53.75 to 55.75 Price Band
- Volumes are seen to be gradually increasing
- Bullish Rounding Bottom with neckline at Support Zone
- Weekly basis Support at 44 > 31 > 22 with Resistance at 71 > 84 > ATH 95.90
- *Probable Descending Triangle Breakout in the attempt basis Test Retest at the Support Zone*
Trade closed: stop reached
The stock had taken a false breakout attempt and has not retraced well below the Support Zone now to act as the Resistance Zone, thus the reviews stands invalid and nullified.

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