NeeteshJain

SINTEX - BIG BREAKOUT

Long
BSE:SINTEX   SINTEX INDUSTRIES LTD
It is been observed on the Monthly chart that the price action broke above the downward trendline after 10 years indicating a big move ahead. It is indicating buyers comeback and it shall further take the price up. Interesting thing is that fundamentally the stock is trading below its intrinsic value, which qualifies it for a good investment.

Target 120

Stoploss: 85
Trade active
Trade active: 3% up, now reaching to resistance level of 99 levels. Regards
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