SIGACHI Industries is showing signs of Wykcoff Accumulation. I I have explained earlier in my post how Wyckoff accumulation works. Please refer it. I believe a trend reversal is taking place here. I have entered the scrip with stoploss placed @ 280.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Trade active
SIGACHI hits 1st target 14% gain
Trade closed: target reached
SIGACHI hit all targets, giving nearly 30% gain. This scrip will go even further.
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