NeeteshJain

Sintex Moving Up (Breaks Resistance)

Long
BSE:SINTEX   SINTEX INDUSTRIES LTD
It is been observed on weekly chart that the price action firstly trending under a downward trendline and then breaks out of the trendline with good volumes. Now, it breaks the resistance level of 89 and now trending up in a channel and it shall reach to 95 levels.

Target: 94.50
Stoploss: 84

Comments

Thank you very much, neetesh sir can you help me in analyzing bpl chart
+1 Reply
NeeteshJain pallavibi


It is consolidating, take a initiative once the price action breaks and closes above or below the yellow box. Regards
Reply
pallavibi NeeteshJain
Thank you for your reply.Great. Actually the analysis of bpl chart with cmp around 81 is required.
+1 Reply