safalajmera

SIS, Daily

Long
safalajmera Updated   
NSE:SIS   SIS LTD
SIS has formed an inverse head and shoulder pattern on the chart. Huge volumes have been traded in this script in the last two days. Also, SIS is a fundamentally strong company with very low debt. It is looking well placed on charts to make a long position. Once it crosses and sustains 478 levels it is expected to give targets of 520/576 and 615, with stop loss below 400 on a closing basis.

Comment:
Simple price action with volume helped us to achieve the first target within 4 days.
Keep holding for higher targets
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