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.