Syntax- Tanks are very strong-Dark horse of the game

216 0
When I was kid- I was fond of Sintex tanks- as my elders use to tell me that Sintex tanks- never leaks so here as well Sintex would not leak from channel downside. Yes, it has been running a complex correction since March 2015 from highs of 134- Likely I will interested in this stock once it moves above 90 & sustains or shall look down in the zone of 60-65's as support & later 45-50's where bottom channel could provide better support.

Weekly bearish engulfing candle indicates weakness in the stock, but I shall be looking this stock as a dark horse for years to come as it has potential to go beyond 135 in the zone 225-250's

Oct 13
Trade active: 14:00 Hrs 13th Oct2016

Nov 23
Trade active: 07:02 Hrs 24th Nov2016

Last Price@73

There could be small bounce back as 70 is holding quiet well but long term I shall be looking for more down as expected earlier in 60-65 zone or sustains above 90 for upside move.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out