SIGNET INDUSTRIES BREAKOUT
Updated
Signet industries is near an important resistance-turned support zone, where it gave a breakout from a falling wedge pattern.
Targets of 55-57 can be achieved in the short term. Wait for further consolidation and confirmation for the stock to touch its recent 52 week high.
Targets of 55-57 can be achieved in the short term. Wait for further consolidation and confirmation for the stock to touch its recent 52 week high.
Trade active
Very slow consolidation post breakout. Expect good momentum in the following weeks.Trade closed: target reached
1:2 Reached. Hold as long as price hits upper circuit.
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