Singer India is a MNC in textile machinery manufacturer and sewing machine manufacturing & servicing company, also a well known brand for house hold sewing machines.
On charts it's forming inverse HnS pattern. The volume, RSI too supportive. As can be seen on charts its on verge of breaking out of a long term price range.
On account of revival of textile sector overall, this machinery manufacturer needs to be looked at.
Disc- I hold this stock and views expressed can be said as biased. All observation are for study n self evaluation purposes.
On charts it's forming inverse HnS pattern. The volume, RSI too supportive. As can be seen on charts its on verge of breaking out of a long term price range.
On account of revival of textile sector overall, this machinery manufacturer needs to be looked at.
Disc- I hold this stock and views expressed can be said as biased. All observation are for study n self evaluation purposes.